In August 2026, the median home sale price in Longboat Key, FL was $1,150,000, with homes selling in an average of 116 days — slower than the 89-day average last year, suggesting buyers have more negotiating room. A total of 529 homes sold in this period, up from 445 last year — a sign of an active market.
The median list price of condos/co-ops in Longboat Key, FL, was $949,000 in August 2026, compared to $975,000 in August 2025.
Longboat Key, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Longboat Key, FL, was $1,045,000 in August 2026, compared to $995,000 in August 2025.
Longboat Key, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Longboat Key, FL, was $0 in August 2026, compared to $0 in August 2025.
Longboat Key, FL Housing Market Analysis
There are currently 310 homes listed for sale in Longboat Key, FL, an increase of 66.67% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,101,395 (down 1.08% year-over-year), and the average price per square foot is $681 compared to $724 in 2025. Properties spend an average of 197 days on the market before going under contract.
