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Longboat Key, FL 34228 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Longboat Key, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.23
ActiveActive listings: 8686PendingPending sales: 2020
Longboat Key, 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): $1.19M$1.19MSoldMedian sold price (last 6 months): $1.05M$1.05M
What homes actually sell for in Longboat Key, FL
Distribution of 409 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $650k to $1.9M
$316k to $920k: 171 sales171sales$316k$920k to $1.52M: 80 sales$1.52M to $2.13M: 48 sales$1.52M$2.13M to $2.73M: 26 sales$2.73M to $3.34M: 14 sales$2.73M$3.34M to $3.94M: 13 sales$3.94M to $4.55M: 8 sales$3.94M$4.55M to $5.15M: 8 salesMedian $1.05M

What the numbers say

As of July 18, 2026, Resideline is tracking 86 active listings and 20 pending sales in ZIP code 34228. That pending-to-active ratio of 0.23 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,187,000, while the median of the 409 closed sales Resideline tracked over the last six months was $1,050,000. 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 34228 has been on the market for 38 days.

Frequently asked questions

What is the median home price in 34228?

The median closed sale price in Longboat Key, FL 34228 was $1,050,000 over the last six months, based on 409 closed sales tracked by Resideline. The middle half of those sales ranged from $650,000 to $1,900,000.

Is 34228 a buyer's or seller's market?

Resideline is currently tracking 20 pending sales against 86 active listings in 34228, a pending-to-active ratio of 0.23. 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, 34228 currently looks like a balanced market.

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