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Market Data & Trends

Are home prices going up or down in the Keys?

Steve Conley | August 24, 2026

Short Answer

Florida Keys home prices have shown long-term appreciation driven by limited supply and consistent demand. Short-term fluctuations occur based on season, interest rates, and broader economic factors, but the overall trend has been upward.

Florida Keys home prices have shown long-term appreciation driven by limited supply and consistent demand. Short-term fluctuations occur based on season, interest rates, and broader economic factors, but the overall trend has been upward.

If you have a specific situation or property in mind, I encourage you to reach out directly. Every real estate transaction in the Florida Keys has unique factors, and a conversation is the best way to get the precise guidance you need. My team and I are here to help you navigate the process with confidence.

Text me at (305) 393-5859 or send a message through the contact page and I will get back to you personally.

Steve Conley

Steve's Advice

Steve Conley

Principal, Conley Sales Group at COMPASS

Prices in the Keys have been remarkably resilient. The ROGO building restrictions create a natural floor on supply, which supports values. That said, the luxury segment above $3 million is more sensitive to national economic conditions. I watch the data closely and can walk you through the numbers for your specific area.

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