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 531 homes sold in this period, up from 446 last year — a sign of an active market.
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 $1,045,000 in August 2026, compared to $997,450 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 316 homes listed for sale in Longboat Key, FL, an increase of 68.98% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,117,682 (down 0.48% year-over-year), and the average price per square foot is $682 compared to $723 in 2025. Properties spend an average of 195 days on the market before going under contract.
