Housing Prices in Islamorada, FL
How much do homes in Islamorada, FL cost?
Median List Price
$1,572,500
$892/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Islamorada has decreased by 27.3% since last year.
Summary: The median home list price in Islamorada was $1,572,500 in April 2024, down 27.3% from the previous year, and the median price per square foot was $892.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $710K | N/A |
| 2 Bedrooms | $649K | $625K | -3.7% |
| 3 Bedrooms | $2.1M | $1.5M | -31.8% |
| 4 Bedrooms | $2.6M | $2.7M | +1.9% |
| 5+ Bedrooms | $5.4M | $9.9M | +80.9% |
Summary: Islamorada housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 80.9%.
Median List Price Compared To Nearby Cities
| Upper Keys | $949.9K | $1.2M | +36.3% |
| Tavernier | $1.4M | $1.3M | -5.3% |
| Islamorada, Village of Islands | $1.9M | $1.7M | -10.5% |
| Islamorada | $2.1M | $1.5M | -27.3% |
Housing Supply in Islamorada, FL
How many homes are available in Islamorada, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Islamorada real estate market had 33 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Islamorada housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Islamorada, FL
How long does it take to sell a home in Islamorada, FL?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 157 Days | 77 Days | -51.2% |
Summary: Homes in Islamorada had an average listing age of 77 days in Apr 2024, down by 51.2% compared to the previous year.
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