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All market snapshots / 33037

Key Largo, FL 33037 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Key Largo, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.45
ActiveActive listings: 4040PendingPending sales: 1818
Key Largo, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $940k$940kSoldMedian sold price (last 6 months): $1M$1M
What homes actually sell for in Key Largo, FL
Distribution of 315 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $655k to $2.1M
$315k to $1.13M: 158 sales158sales$315k$1.13M to $1.95M: 56 sales$1.95M to $2.77M: 28 sales$1.95M$2.77M to $3.58M: 12 sales$3.58M to $4.4M: 7 sales$3.58M$4.4M to $5.22M: 12 sales$5.22M to $6.03M: 8 sales$5.22M$6.03M to $6.85M: 4 salesMedian $1M

What the numbers say

As of September 7, 2026, Resideline is tracking 40 active listings and 18 pending sales in ZIP code 33037. That pending-to-active ratio of 0.45 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $940,000, while the median of the 315 closed sales Resideline tracked over the last six months was $1,000,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 33037 has been on the market for 28 days.

Frequently asked questions

What is the median home price in 33037?

The median closed sale price in Key Largo, FL 33037 was $1,000,000 over the last six months, based on 315 closed sales tracked by Resideline. The middle half of those sales ranged from $655,000 to $2,100,000.

Is 33037 a buyer's or seller's market?

Resideline is currently tracking 18 pending sales against 40 active listings in 33037, a pending-to-active ratio of 0.45. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 33037 currently looks like a competitive market.

Nearby ZIP code market data

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