#615322, Lisa H Ferringo, Listing Office: Coldwell Banker Schmitt Lower Keys (KW)
Summerland Key Housing Market Report May 2025•Monroe County, Florida
Housing Prices in Summerland Key, FL
How much do homes in Summerland Key, FL cost?
Housing Market Conditions
Is Summerland Key, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Summerland Key is a Buyer's Market
Difference Since May 2024
At the same time last year, Summerland Key was a Seller's Market.
Summerland Key is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Summerland Key have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in Summerland Key was $1,050,000 in May 2025, down 9.4% from last year, and the median price per square foot was $760.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Big Pine Key | $760K | $757.5K | -0.3% |
Lower Keys | $971.6K | $900K | -7.4% |
Summerland Key | $1.1M | $1.0M | -9.4% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $1.0M | $650K | -39.5% |
22 Bedrooms | $942.5K | $890K | -5.6% |
33 Bedrooms | $1.2M | $1.0M | -12.5% |
44 Bedrooms | $2.3M | $1.7M | -24.7% |
55+ Bedrooms | $3.5M | $3.3M | -5.7% |
Summary: Summerland Key housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -39.5%. The home price for 2 bedroom homes decreased by -5.6%. The home price for 3 bedroom homes decreased by -12.5%. The home price for 4 bedroom homes decreased by -24.7%. The home price for 5 bedroom homes decreased by -5.7%.
How does Summerland Key, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Summerland Key, FL
Housing supply in Summerland Key, FL
How many homes are available in Summerland Key, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
258Last MonthMay 2025 | ||
2402 months agoApr 2025 | +7.5 % Change MoMApr – May |
Summary: The Summerland Key real estate market had 258 homes for sale in May 2025, a 7.5 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
26Last MonthMay 2025 | ||
182 months agoApr 2025 | +44.4 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 6 | 3 | -50.0% |
22 Bedrooms | 60 | 64 | +6.7% |
33 Bedrooms | 125 | 136 | +8.8% |
44 Bedrooms | 35 | 41 | +17.1% |
55+ Bedrooms | 14 | 14 | 0.0% |
Summary: Summerland Key housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +6.7%. The inventory for 3 bedroom homes increased by +8.8%. The inventory for 4 bedroom homes increased by +17.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Summerland Key, FL cost?
Over Asking Price0 Home
At Asking Price4 Homes
Under Asking Price22 Homes
If you're buying a home in Summerland Key, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Summerland Key in May 2025, up by 44.4% month-over-month. Of the 26 sold homes, 85% were sold under asking, 15% were sold at asking, and and 0% were sold over asking.
Days on Market for Summerland Key, FL
How long does it take to sell a home in Summerland Key, FL?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days16 Homes
Over 90 Days7 Homes
Avg time on Rocket Homes in Summerland Key has remained consistent over time.
Summary: During May 2025, 26 homes were sold in Summerland Key; 12% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
101 DaysThis YearMay 2025 | ||
111 Days1 year agoMay 2024 | -9.6 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Summerland Key had an average listing age of 101 days in May 2025, down by 9.6% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Summerland Key, FL
What homes are available in Summerland Key, FL?
Nearby markets
Nearby markets aren't available for Summerland Key, FL
Popular Cities with Homes for Sale in Florida
- Homes for sale in Boca Raton, FL
- Homes for sale in Boynton Beach, FL
- Homes for sale in Cape Coral, FL
- Homes for sale in Clearwater, FL
- Homes for sale in Clermont, FL
- Homes for sale in Fort Myers, FL
- Homes for sale in Jacksonville, FL
- Homes for sale in Kissimmee, FL
- Homes for sale in Lakeland, FL
- Homes for sale in Lehigh Acres, FL
- Homes for sale in Miami, FL
- Homes for sale in Naples, FL
- Homes for sale in Ocala, FL
- Homes for sale in Orlando, FL
- Homes for sale in Palm Bay, FL
- Homes for sale in Port Charlotte, FL
- Homes for sale in Port Saint Lucie, FL
- Homes for sale in Sarasota, FL
- Homes for sale in Spring Hill, FL
- Homes for sale in Tampa, FL
- Homes for sale in Winter Haven, FL
MLS Disclaimers and Copyright
Based on information from Key West MLS, Marathon and Lower Keys Association of REALTORS® Inc. MLS, Miami MLS, Florida Keys MLS, realMLS, and Stellar MLS for the period 06/01/2023 - 06/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:40:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:34:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.