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Real Estate Market Trends and Analytics in Summerland Key (33042), FL

In October 2026, the median home sale price in Summerland Key (33042), FL was $742,500, with homes selling in an average of 138 days — slower than the 106-day average last year, suggesting buyers have more negotiating room. A total of 10 homes sold in this period, down from 21 last year.
View all properties for sale in Summerland Key (33042), FL

Summerland Key (33042), FL Market Trend

Median List Price
The median list price of Summerland Key (33042), FL, was $509,999 in October 2026, compared to $2,495,000 in October 2025.

Summerland Key (33042), FL Market Trend for Houses

Median List Price
The median list price of houses in Summerland Key (33042), FL, was $1,775,000 in October 2026, compared to $2,495,000 in October 2025.

Summerland Key (33042), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Summerland Key (33042), FL, was $350,000 in October 2026, compared to $0 in October 2025.

Summerland Key (33042), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Summerland Key (33042), FL, was $442,500 in October 2026, compared to $0 in October 2025.

Summerland Key (33042), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Summerland Key (33042), FL, was $0 in October 2026, compared to $0 in October 2025.

Summerland Key (33042), FL Housing Market Analysis

There are currently 15 homes listed for sale in Summerland Key (33042), FL, an increase of 650.00% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $833,253 (down 66.60% year-over-year), and the average price per square foot is $1,062 compared to $735 in 2025. Properties spend an average of 112 days on the market before going under contract.
15
for sale
5
for rent
10
sold
Median Price
$510K
Median SQFT Price
$1,062
SF Range
726 - 2,409 SF
Beds
2 - 4
Avg. Dom
112 days
Year Built
1974 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $703K
Median Monthly Mortgage $3K/mo
Median Rent $2K/mo
Homeownership Rate 78.9%
Cost Burden 33.4%

Foreclosure Risk Score

38/100 MODERATE
30-Year Mortgage Rate 6.71%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Summerland Key (33042), FL

New
For Sale
$27,900
Lots/Land
6,000 sqft
WINDWARD BEACH ESTATES, Torch Key
0 KINGSTON LN, Torch Key FL 33042
New
For Sale
$27,900
Lots/Land
6,000 sqft
WINDWARD BEACH ESTATES, Torch Key
0 Gren Ln, Torch Key FL 33042
-$30K
For Sale
$509,999
Lots/Land
0.14 acres
CUTTHROAT HARBOR ESTATES FIRST ADD, CUDJOE KEY
22950 SHARP LANE
For Sale
$550,000
Lots/Land
0.20 acres
CUTTHROAT HARBOR ESTS, Lower Keys
193 Galleon Ln, Lower Keys FL 33042
For Sale
$375,000
Lots/Land
6,000 sqft
BREEZESWEPT BEACH ESTS, Lower Keys
27378 Jamaica Ln, Lower Keys FL 33042
For Sale
$985,000
Lots/Land
0.14 acres
CUTTHROAT HARBOR ESTATES, Lower Keys
For Sale
$1,775,000
House
4 bds · 4 ba · 1,671 sqft
CUTTHROAT HARBOR ESTS, Lower Keys
193 Galleon Ln, Lower Keys FL 33042
-$37K
For Sale
$178,000
Lots/Land
0.18 acres
BREEZESWEPT BEACH ESTS, Big Pine
27334 Saint Lucie Ln, Big Pine FL 33042

Market Trends nearby