Housing Prices in Summerland Key, FL
How much do homes in Summerland Key, FL cost?
Median List Price
$1,199,000
$878/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Summerland Key has increased by 23% since last year.
Summary: The median home list price in Summerland Key was $1,199,000 in May 2024, up 23% from the previous year, and the median price per square foot was $878.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.1M | $899.9K | -22.4% |
| 3 Bedrooms | $974.9K | $1.3M | +42.3% |
| 4 Bedrooms | $805K | $2.4M | +210.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Summerland Key housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 42.3%, 4 bedroom homes increased by 210.4%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Lower Keys | $950K | $1.1M | +24.2% |
| Summerland Key | $974.9K | $1.1M | +23.0% |
| Big Pine Key | $680K | $739.5K | +8.8% |
Housing Supply in Summerland Key, FL
How many homes are available in Summerland Key, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Summerland Key real estate market had 9 homes for sale in May 2024, a 80.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Summerland Key housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Summerland Key, FL
How long does it take to sell a home in Summerland Key, FL?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 200 Days | 84 Days | -58.0% |
Summary: Homes in Summerland Key had an average listing age of 84 days in May 2024, down by 58% compared to the previous year.
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