Is Longboat Key, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Longboat Key is a buyer's market


Difference Since November 2021

At the same time last year, Longboat Key was a Seller's Market.

Key Takeaway

Longboat Key is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Longboat Key, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2021


Key Takeaway

Homes in Longboat Key have sold for 43.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $350K$489K
2 $604.3K$850K
3 $1.2M$1.7M
4 $2.1M$2.5M
5+ $3.2M$4.2M

Median Sold Price Compared To Nearby Cities

Longboat Key
Longboat Key
Bradenton Beach

How many homes are available in Longboat Key, FL?

Number of Homes For Sale

Oct 2022Nov 2022%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 88
2 5161
3 3836
4 1817
5+ 1313

Number of Homes Sold

Oct 2022Nov 2022%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Longboat Key, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
36 Days41 Days+12.6%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Longboat Key are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Longboat Key, FL

There are 135 homes are for sale in Longboat Key, FL real estate market. Between October 2022 and November 2022, Longboat Key, FL real estate market has seen increase in the number of listings by 5.5%. In November 2022, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,150,000. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 39.7%, 2 bedrooms properties became 40.7% more expensive, the cost of 3 bedrooms properties went up by 36%, 4 bedrooms properties prices increased by 18.3%, prices of 5 bedrooms properties went up by 31.6%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 19.6%, 3 bedrooms homes inventory decreased by 5.3%, the quantity of 4 bedrooms homes went down by 5.6%, number of 5 bedrooms homes remained the same. Over 2 listings were sold over their listed price in November 2022 in Longboat Key, FL. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price.

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