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Real Estate Market Trends and Analytics in Longboat Key, FL

In August 2026, the median home sale price in Longboat Key, FL was $1,150,000, with homes selling in an average of 112 days — slower than the 90-day average last year, suggesting buyers have more negotiating room. A total of 509 homes sold in this period, up from 446 last year — a sign of an active market.
View all properties for sale in Longboat Key, FL

Longboat Key, FL Market Trend

Median List Price
The median list price of Longboat Key, FL, was $971,750 in August 2026, compared to $1,050,000 in August 2025.

Longboat Key, FL Market Trend for Houses

Median List Price
The median list price of houses in Longboat Key, FL, was $2,500,000 in August 2026, compared to $2,447,500 in August 2025.

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

Median List Price
The median list price of condos/co-ops in Longboat Key, FL, was $915,000 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 $1,095,000 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 348 homes listed for sale in Longboat Key, FL, an increase of 84.13% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,087,492 (up 0.48% year-over-year), and the average price per square foot is $682 compared to $720 in 2025. Properties spend an average of 194 days on the market before going under contract.
348
for sale
133
for rent
511
sold
Median Price
$972K
Median SQFT Price
$682
SF Range
520 - 17,199 SF
Beds
1 - 11
Avg. Dom
192 days
Year Built
1955 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $910K
Median Monthly Mortgage $4K/mo
Median Rent $2K/mo
Homeownership Rate 93.7%
Cost Burden 29.4%

Foreclosure Risk Score

11/100 LOW
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

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

Data powered by brokerone.io

Properties in Longboat Key, FL

New
For Sale
$2,999,999
House
6 bds · 5 ba · 4,676 sqft
SLEEPY LAGOON PARK 2, LONGBOAT KEY
614 NORTON STREET
New
For Sale
$1,150,000
Condo/Co-op
2 bds · 2 ba · 1,257 sqft
SEAPLACE I, LONGBOAT KEY
2089 GULF OF MEXICO DRIVE UNIT G1-104
For Sale
$500,000
0 room(s)
LONGBOAT KEY MOORINGS, LONGBOAT KEY
2600 HARBOURSIDE DRIVE UNIT B-16
For Sale
$1,349,000
Condo/Co-op
2 bds · 2 ba · 1,896 sqft
VEINTE, LONGBOAT KEY
2675 GULF OF MEXICO DRIVE UNIT 203
For Sale
$1,050,000
Condo/Co-op
3 bds · 3 ba · 2,250 sqft
GRAND BAY 2, LONGBOAT KEY
3040 GRAND BAY BOULEVARD UNIT 232
For Sale
$1,349,000
Condo/Co-op
3 bds · 3 ba · 2,250 sqft
GRAND BAY 2, LONGBOAT KEY
3040 GRAND BAY BOULEVARD UNIT 225
For Sale
$875,000
Condo/Co-op
2 bds · 2 ba · 1,503 sqft
BEACHPLACE II, LONGBOAT KEY
1095 GULF OF MEXICO DRIVE UNIT 303
For Sale
$885,000
Condo/Co-op
2 bds · 2 ba · 1,170 sqft
LONGBEACH, LONGBOAT KEY
7115 GULF OF MEXICO DRIVE UNIT 23

Market Trends nearby