Is Long Key, FL 33001 a buyer’s or seller’s market?
Long Key is a seller’s market. With about 2.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Long Key housing market right now
In the three months ending August 31, 2026, 0% of homes in Long Key, FL 33001 sold above their list price, the typical home went under contract in 211 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (132 days then) and the median sale price rose 10% to $1,074,535. Overall, Long Key is less competitive than a year ago, which gives buyers more room.
Within Monroe County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Marathon 33050 (6% sold over asking) and Summerland Key 33042 (3% sold over asking) are even more competitive.
Run the numbers for 33001
Nearby markets
Big Pine Key 33043Buyer’s market $651 /sq ftIslamorada 33036Buyer’s market $728 /sq ftKey Colony Beach 33051Seller’s market $663 /sq ftKey Largo 33037Buyer’s market $582 /sq ft Browse all markets →Where Long Key is
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Questions about Long Key real estate
Is Long Key a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Long Key, FL 33001 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Long Key?
The typical home went under contract in 211 days in the latest three months.
Do homes in Long Key sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.
What are property taxes in Long Key?
About 0.53% of a home’s value a year in Monroe County, or roughly $2,120 on a $400,000 home.
What is the median home price in Long Key?
The median sale price was $1,074,535 in the three months ending August 31, 2026, about $959 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology