African Queen · Photo: Elmschrat · CC BY-SA 3.0285 homes sold in Key Largo in the last year, at a typical $981K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Key Largo homes are listed.
Every place Key Largo homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Key Largo.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
11% of Key Largo’s sales are condos, at $116K less than a house
226 houses and 30 condos sold in the year to May 2026. Houses sell faster.
typical sale · 226 sold in 12 months
- Per square foot
- $668FL $245
- Days to sell
- 127
- Sold over asking
- 2%
- Listings with a price cut
- 25%
typical sale · 30 sold in 12 months
- Per square foot
- $691FL $262
- Days to sell
- 172
- Sold over asking
- 0%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 3 sold, typical $775K
Townhouses: 26 sold, typical $909K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
285 sales in the last year, against 487 in 2021 and a low of 221 in 2024. The typical sale went from $463K in 2016 to $981K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1M buys in Key Largo
Check a listing against what Key Largo homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Key Largo are back to pre-pandemic levels, with about as many homes for sale
We read every month of Key Largo’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 285 sales.
If you’re buying in Key Largo
- Shop in March. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (5% over asking).
- You can negotiate. 24% of listings have cut their price, against 0% before the pandemic.
- Offer under asking. Buyers paid 94.6% of the list price on average; 2% paid over.
- You’ll usually have time. Only 12% of homes go under contract within two weeks; the typical one takes 125 days.
Winter brings the homes; spring brings the bidding wars
January has the most new listings (about 44 a month), but April is the most competitive: 10% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (5%). December has the least competition (4%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Florida
| Key Largo now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 2% | 5% | 15% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 12% | 2% | 16% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | 0% | 10% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 94.6% | 94.7% | 97.4% | 96.3% |
| Days to sellMedian days from listing to contract | 125 | 193 | 75 | 76 |
209 homes for sale on a typical day
That’s 1.7 times the 2021 low (126) and about the 2017–19 level.
1 in 4 listings has cut its price
24% in the last year, against 0% in 2017–19 and 28% across Florida. More sellers are pricing high and coming down.
Since 2019, houses are up 92%, condos 89%
A house typically sold for $1M in the last year (226 sales), a condo for $918K (30).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Key Largo ranks 497th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Key Largo is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Key Largo home costs about $5,518 a month
Price: Key Largo’s typical sale, last 12 months. Property tax at Key Largo’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Key Largo is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. September has the fewest, about 27.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $981K home, about $4,800 a year.
Taxes vs. neighborsSchools
The schools grade for Key Largo, from test results, graduation and how much students grow.
Schools in Key LargoTypical commute
The average one-way trip to work for people who live in Key Largo.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Tavernier, Florida City and Homestead sell for less a square foot
The busier markets within 25 miles of Key Largo, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Homestead | 982 | $411K | $239 | 15% | 97 |
| Key Largo | 285 | $981K | $675 | 2% | 125 |
| Florida City | 279 | $398K | $268 | 6% | 73 |
| Tavernier | 49 | $775K | $651 | 2% | 206 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Key Largo, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Key Largo. People who follow the town see it, and so do people comparing Key Largo with their own town. No commission, no listing fee.
Questions about buying a home in Key Largo
What do homes sell for in Key Largo, FL?
285 homes sold in the year to May 2026 at a typical $981K, $675 a square foot. Houses sold for about $1M, condos for about $918K.
Is Key Largo a buyer’s or seller’s market?
A buyer’s market: 201 homes were for sale in May 2026 and 21 sold, about 9.6 months of supply. Buyers paid 94.6% of asking on average, and 24% of listings cut their price.
When is the best time to buy in Key Largo?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Key Largo?
About 0.5% of a home’s value a year. On a $981K home that’s near $4,800.
Where can I see homes for sale in Key Largo?
Zillow, Redfin, Realtor.com and Homes.com all carry Key Largo’s MLS listings; the search links above open each one filtered to Key Largo.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).