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Real Estate Market Trends and Analytics in Key Biscayne, FL

In June 2026, the median home sale price in Key Biscayne, FL was $1,770,000, with homes selling in an average of 114 days — slower than the 97-day average last year, suggesting buyers have more negotiating room. A total of 213 homes sold in this period, down from 221 last year.
View all properties for sale in Key Biscayne, FL

Key Biscayne, FL Market Trend

Median List Price
The median list price of Key Biscayne, FL, was $2,885,000 in June 2026, compared to $1,830,000 in June 2025.

Key Biscayne, FL Market Trend for Houses

Median List Price
The median list price of houses in Key Biscayne, FL, was $7,490,000 in June 2026, compared to $4,900,000 in June 2025.

Key Biscayne, FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Key Biscayne, FL, was $1,500,000 in June 2026, compared to $1,295,000 in June 2025.

Key Biscayne, FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Key Biscayne, FL, was $0 in June 2026, compared to $0 in June 2025.

Key Biscayne, FL Market Trend for Commercial

Median List Price
The median list price of commercial in Key Biscayne, FL, was $1,775,000 in June 2026, compared to $724,500 in June 2025.

Key Biscayne, FL Housing Market Analysis

There are currently 154 homes listed for sale in Key Biscayne, FL, an increase of 48.08% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $6,470,053 (up 81.61% year-over-year), and the average price per square foot is $1,213 compared to $996 in 2025. Properties spend an average of 130 days on the market before going under contract.
154
for sale
172
for rent
213
sold
Median Price
$2.9M
Median SQFT Price
$1,213
SF Range
410 - 11,528 SF
Beds
1 - 9
Avg. Dom
130 days
Year Built
1950 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $1.3M
Median Monthly Mortgage $4K/mo
Median Rent $4K/mo
Homeownership Rate 65.1%
Cost Burden 25.2%

Foreclosure Risk Score

36/100 MODERATE
30-Year Mortgage Rate 6.51%
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 Key Biscayne, FL

For Sale
$5,799,000
House
4 bds · 3 ba · 3,382 sqft
MASHTA ISLAND, Key Biscayne
669 S Mashta Dr, Key Biscayne FL 33149
For Sale
$1,790,000
Condo/Co-op
3 bds · 3 ba · 1,550 sqft
BAHAMA HOUSE SOUTH CONDO, Key Biscayne
202 Sunrise Dr # 202B, Key Biscayne FL 33149
New
For Sale
$6,900,000
Condo/Co-op
4 bds · 4 ba · 4,200 sqft
CLUB TOWER TWO CONDO, Key Biscayne
785 Crandon Blvd, Key Biscayne FL 33149
New
For Sale
$1,190,000
Condo/Co-op
2 bds · 2 ba · 1,260 sqft
COMMODORE CLUB SOUTH COND, Key Biscayne
199 Ocean Lane Dr # 911, Key Biscayne FL 33149
New
For Sale
$5,100,000
Penthouse
3 bds · 3 ba · 2,510 sqft
OCEAN TOWER TWO CONDO, Key Biscayne
791 Crandon Blvd, Key Biscayne FL 33149
New
For Sale
$3,799,000
Condo/Co-op
2 bds · 3 ba · 1,727 sqft
OCEANA KEY BISCAYNE CONDO, Key Biscayne
350 Ocean Dr # 405N, Key Biscayne FL 33149
New
For Sale
$9,200,000
House
5 bds · 5 ba · 4,416 sqft
BISCAYNE KEY ESTATES, Key Biscayne
625 Curtiswood Dr, Key Biscayne FL 33149
For Sale
$18,500,000
Penthouse
5 bds · 5 ba · 4,566 sqft
OCEAN TOWER ONE CONDO, Key Biscayne
799 Crandon Blvd # 8, Key Biscayne FL 33149

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