
Homes for sale in
Key Largo, Florida
Where the Florida Keys begin at mile marker 100
1
Homes for sale
$199,900
Median list price
—
Avg price / sqft
213
Median days on market
Key Largo is the first island you reach coming down from the mainland, and it sets the tone for the whole chain: dive boats heading out to the reef, backyard docks, and neighborhoods like Largo Sound Village and Lake Surprise Estates that trade traffic for tide charts. It's a place organized around the water — whether you keep a boat at a slip, launch from Largo Sound Park, or just want the ocean five minutes from the door. Kids here feed into Monroe County schools, most commonly Key Largo School and Coral Shores High School.
The for-sale market is genuinely thin right now — there's a single active listing, priced at $199,900, so buyers should expect to move quickly and watch the just reduced page and open houses this week closely. Over the past year only 5 homes closed, at a median sold price of $715,000, which shows how wide the gap can be between entry-level dockominiums and full single-family homes. Sellers are getting about 97% of asking, so well-priced properties don't sit — even as median time on market runs around 134 days for the harder-to-move listings.
Key Largo is in Monroe County, Florida.
Quick facts
$199,900 – $200K price range
Seller’s market right now
Fresh on the market
Newest homes in Key Largo
View all 1 homes →1 of 1 active listings shown
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Most popular Key Largo searches
The numbers that matter
The Key Largo market
Seller’s market
1.5 months of inventory
Homes sell fast and inventory is thin — buyers should come prepared.
5
Sold, last 12 months
$715,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
70 days
Median time to sell
Key Largo vs Monroe County
Median list price
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 24.2% yr/yr
Homes on the market
▼ 50.0% yr/yr
Homes sold per month
Live Stellar MLS data — listings and closed sales in Key Largo, FL. Rolling medians smooth single-month swings in thin markets.
Where to look
Key Largo neighborhoods
Show all 14 Key Largo neighborhoods A–ZHide the full neighborhood list+
Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.
For the school run
School zones with homes for sale
Homes matched to official attendance boundaries — always verify zoning with the district.
Beyond the listings
Living in Key Largo
First island in the Keys
Key Largo sits at the top of the chain, closest to the mainland and the quickest Keys address to reach from South Florida.
Built around the water
Communities like Largo Sound Village and Paradise Point, plus dock-rackominium options, put boating and ocean access at the center of daily life.
Very limited inventory
With just one active listing on the market, serious buyers need to be ready to act fast when something comes up.
Wide price spread
Entry points near $199,900 sit alongside a $715,000 median sold price, reflecting everything from dock slips to full homes.
Monroe County schools
Students are typically assigned to Key Largo School and Coral Shores High School within the county system.
Population
12,069
Median age
51.2
Median income
$78,906
Median home value
$626,300
What people here are into
Hobbies & Interests
Top 7% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Lifestyles
Top 20% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Entertainment
Top 20% in the U.S.Live & Local Music
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Culture
Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Entertainment
Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Hobbies & Interests
Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
What it really costs
Owning here
Owning the median Key Largo home
≈ $1,500/mo
$199,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
100%
In a FEMA flood zone
Ask about flood insurance early — it changes the payment
Straight answers
Key Largo real estate FAQs
Is Key Largo a good place to live?+
It suits people who want the water at the center of life — boating, diving, and quiet island neighborhoods like Largo Sound Village and Lake Surprise Estates. Families are served by Monroe County schools, most commonly Key Largo School and Coral Shores High School. As the first island in the Keys, it's also the most convenient to reach from the mainland.
Is Key Largo expensive?+
It's a mixed picture. The current active listing is priced at $199,900, but the median sold price over the last 12 months was $715,000 — a reminder that dockominiums and full single-family homes occupy very different price tiers here.
What do homes cost in Key Largo?+
Right now the sole active listing is $199,900, while closed sales over the past year ran to a median of $715,000. Because inventory is so limited, checking the single-family homes and just reduced listings regularly is the best way to gauge current pricing.
How is the Key Largo market right now?+
Inventory is extremely tight, with just one home actively listed and only 5 sales in the past 12 months. Sellers are averaging about 97% of asking, and homes that are priced right move, while others can sit closer to the 134-day median on market.
What about HOA fees and property taxes?+
Median HOA dues run about $175 a month, and the median property tax bill is roughly $741 a year based on recent data. Actual costs vary a lot by community and property type, so confirm the specifics for any listing before you write an offer.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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