Key Biscayne, FL Home Values & Market Trends

Real estate market trends reflect that there have been 267 transactions over the past year in Key Biscayne. The median value for residential home transactions that occurred over the previous year is $1,566,890.13. The number of current listings in Key Biscayne is 24, and the percentage of properties for sale in the city is 24.00%. Key Biscayne, FL currently has 28 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 24 properties for sale.

Key Biscayne, FL Real Estate Market Overview

ZipMedian Est. Value
33149

$ 1,378,675

$ 869/sqft

Housing Market Summary for Key Biscayne, FL

Apr 2023March 2024Change
Median Listing Price$1.4M$1.8M30.10%
Median Sold Price$1.4M$1.8M22.83%
Homes For Sale1326100.00%
Homes Sold165149-9.70%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Key Biscayne, FL

Key Biscayne home values range from $39,934 to $58,764,571. The median estimated value of a home in Key Biscayne is $1,566,890.13. The median list price of a home is 1,352,500, and the total count of properties in the city is 6,924.

Foreclosure
There is 1 zips within Key Biscayne, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $26,864,813 in 33149 to the lowest value of $435,641 in 33149. Foreclosure homes account for 0.00% of properties in Key Biscayne, FL with 33149 containing 28 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.38% of all residential properties in Key Biscayne, FL with 33149 containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Key Biscayne, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $26,864,813 in 33149 to the lowest home value of $435,641 in 33149.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Key Biscayne, FL ranges from the highest value of $4,163,631 in 33149 to the lowest value of $4,163,631 in 33149. Bank owned homes and properties account for 0.01% of properties in Key Biscayne, FL. There is 1 zips within Key Biscayne, FL; 33149 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    33149 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Key Biscayne, FL. Auction homes and other auction properties account for 0.01% of all properties in Key Biscayne, FL. There is 1 zips within Key Biscayne, FL; of that zips, the median estimated home value for homes going to auction ranges from $2,563,973 in 33149 to the lowest value of $2,563,973 in 33149.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.35% of residential properties in Key Biscayne, FL with 33149 containing 24 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Key Biscayne, FL; homes for sale in that zips, have a range of median values from $7,295,000 in 33149 to the lowest value of $415,000 in 33149.
    Sold Homes
    The median value for recently sold homes ranges from $21,900,000 in 33149 to the lowest price of $424,090 in 33149. There is 1 zips within Key Biscayne, FL. 33149 has 169 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.44% of properties in Key Biscayne, FL.

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      Guide for Key Biscayne, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Recently Listed Homes Key Biscayne, FL

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