Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 167,784 ↓ 0.3% since 2020 |
| Median Household Income | $82,374 10% above national median |
| Median Home Value | $241,200 |
| Unemployment Rate | 6.4% |
| Median Age | 43.9 years |
| Housing Vacancy Rate | 23.8% |
| Total Land Sales (Past 12 Months) | 78 transactions |
| Active Listings | 162 properties |
| Avg Days on Market | 186 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $93,137 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 179 days |
| Avg Parcel Size | 5.83 acres |
| Active Listings | 22 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 1.02 | $95,000 | $93,137 | 4 Rogo Points Bad George Rd | Summerland Key |
| Dec 2025 | 1.78 | $175,000 | $98,359 | Rogo Lots Overseas Hwy | Summerland Key |
| Nov 2025 | 1.37 | $1,600,000 | $1,164,568 | 23038 Overseas Hwy | Summerland Key |
| Oct 2025 | 1.20 | $16,000 | $13,333 | Budd Key Aly | Summerland Key |
| Oct 2025 | 1.01 | $75,000 | $74,125 | 0 Asturias Rd | Summerland Key |
| Jul 2025 | 4.00 | $24,500 | $6,125 | 8 Little Knockemdown Ky | Summerland Key |
| Jun 2025 | 1.96 | $7,310,875 | $3,729,060 | 95295 Overseas Hwy #101-104 | Key Largo |
| Jun 2025 | 4.64 | $500,000 | $107,798 | Molasses Keys | Marathon |
| Apr 2025 | 35.50 | $906,300 | $25,530 | 0 Dorn Rd | Summerland Key |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $250,000 |
| Recent Sales | 69 transactions |
| Avg Days on Market | 105 days |
| Avg Parcel Size | 0.15 acres |
| Active Listings | 140 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.04 | $284,000 | 101551 Overseas Hwy #160 | Key Largo |
| Mar 2026New | 0.23 | $250,000 | 934 68th Street Ocean | Marathon |
| Mar 2026New | 0.02 | $280,000 | 84961 Old Hwy Lot 30 | Windley Key |
| Mar 2026New | 0.11 | $1,150,000 | 2950 Overseas Hwy #38 | Key West |
| Feb 2026 | 0.38 | $530,000 | 86 N Bounty Ln | Key Largo |
| Feb 2026 | 0.08 | $285,000 | B50 9th Ave | Stock Island |
| Feb 2026 | 0.23 | $262,500 | 234 84th Street Ocean St | Marathon |
| Feb 2026 | 0.10 | $460,000 | 701 Spanish Main Dr Lot 369 & 370 | Cudjoe Key |
| Feb 2026 | 0.14 | $220,000 | 25044 45th St | Summerland Key |
| Feb 2026 | 0.05 | $257,500 | 701 Spanish Main Dr #396 | Cudjoe Key |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.14 | $245,000 | 27345 Guadaloupe Ln | Ramrod Key |
| Feb 2026 | 0.04 | $249,000 | 325 Calusa St #362 | Key Largo |
| Jan 2026 | 0.23 | $250,000 | 20812 1st Ave W | Summerland Key |
| Jan 2026 | 0.20 | $220,000 | 687 N Lake Dr | Key Largo |
| Jan 2026 | 0.26 | $55,000 | State Road 4a | Summerland Key |
| Jan 2026 | 0.08 | $765,000 | F30 Cross St | Stock Island |
| Dec 2025 | 0.19 | $1,300,000 | 129 N Indies Dr | Duck Key |
| Dec 2025 | 0.29 | $175,000 | LOT 2 Overseas Hwy | Summerland Key |
| Dec 2025 | 0.11 | $1,700,000 | 1030 Truman Ave Unit 201 | Key West |
| Dec 2025 | 0.17 | $50,000 | Old State Rd | Summerland Key |
| Dec 2025 | 0.04 | $273,500 | 325 Calusa St #38 | Key Largo |
| Dec 2025 | 0.26 | $1,000,000 | 31450 Avenue H | Big Pine Key |
| Dec 2025 | 0.29 | $340,000 | Overseas Hwy | Summerland Key |
| Dec 2025 | 0.16 | $75,000 | 29141 Mango Ln | Big Pine Key |
| Dec 2025 | 0.05 | $285,000 | 701 Spanish Main Dr #239 | Cudjoe Key |
| Dec 2025 | 0.14 | $170,000 | 27313 Antigua Ln | Ramrod Key |
| Dec 2025 | 0.14 | $55,000 | 16 Treasure Chest Dr | Summerland Key |
| Dec 2025 | 0.14 | $55,000 | 17 Treasure Chest Dr | Summerland Key |
| Dec 2025 | 0.04 | $380,000 | 94825 Overseas Hwy #116 | Key Largo |
| Nov 2025 | 0.02 | $140,000 | 6099 Overseas Hwy Lot 68W | Marathon |
| Nov 2025 | 0.05 | $600,000 | 101551 Overseas Hwy #57 | Key Largo |
| Nov 2025 | 0.05 | $430,000 | 701 Spanish Main Dr #600 | Cudjoe Key |
| Nov 2025 | 0.06 | $225,000 | 1 Palm Dr #A | Key West |
| Nov 2025 | 0.76 | $1,732,500 | 96 Sunrise Dr | Marathon |
| Nov 2025 | 0.17 | $599,000 | 9978 Aviation Blvd | Marathon |
| Nov 2025 | 0.31 | $400,000 | 7505 Gulfstream Blvd | Marathon |
| Nov 2025 | 0.09 | $1,200,000 | 1108 Whitehead St | Key West |
| Nov 2025 | 0.17 | $200,000 | 317 Tropical Ave | Grassy Key |
| Nov 2025 | 0.12 | $80,000 | 0 Bonita Ave | Key Largo |
| Nov 2025 | 0.02 | $130,000 | 6099 Overseas Hwy Lot 71E | Marathon |
| Nov 2025 | 0.06 | $225,000 | 1A Palm Dr | Key West |
| Nov 2025 | 0.15 | $350,000 | 150/160 3rd St | Key Colony Beach |
| Nov 2025 | 0.50 | $50,000 | LOT No Name Dr #P | Big Pine Key |
| Nov 2025 | 0.12 | $357,000 | 31145 Hibiscus Dr | Big Pine Key |
| Nov 2025 | 0.17 | $250,000 | 233 W Seaview Cir | Marathon |
| Nov 2025 | 0.04 | $260,000 | 94825 Overseas Hwy #265 | Key Largo |
| Oct 2025 | 0.13 | $1,360,000 | 170 Westminster Dr | Tavernier |
| Oct 2025 | 0.05 | $235,000 | 701 Spanish Main Dr #621 | Cudjoe Key |
| Oct 2025 | 0.09 | $225,000 | 3 El Monte Ln Lot 22-23 | Key West |
| Oct 2025 | 0.21 | $2,125,000 | 180 12th St | Key Colony Beach |
| Oct 2025 | 0.34 | $100,000 | 4 Cooks Is | Big Pine Key |
| Oct 2025 | 0.24 | $450,000 | 361 20th St | Marathon |
| Oct 2025 | 0.24 | $450,000 | 351 20th St | Marathon |
| Oct 2025 | 0.24 | $450,000 | 371 20th St | Marathon |
| Oct 2025 | 0.11 | $55,000 | 2 Rainbow Bch | Summerland Key |
| Oct 2025 | 0.21 | $630,000 | 17477 Cayman Dr | Sugarloaf Key |
| Oct 2025 | 0.12 | $49,000 | Treasure Island St | Big Pine Key |
| Oct 2025 | 0.09 | $115,000 | 9-10 Vacant Land Coconut Dr | Islamorada |
| Oct 2025 | 0.21 | $194,000 | 0 Mahogany Dr | Key Largo |
| Oct 2025 | 0.17 | $14,000 | Vacant Lan Peachtree Ave | Grassy Key |
| Oct 2025 | 0.13 | $49,000 | 24 Rainbow Bch | Summerland Key |
| Sep 2025 | 0.05 | $250,000 | 701 Spanish Main Dr #147 | Cudjoe Key |
| Sep 2025 | 0.23 | $269,000 | 20822 1st Ave W | Summerland Key |
| Sep 2025 | 0.14 | $14,500 | Vacant Land | Summerland Key |
| Sep 2025 | 0.17 | $14,000 | Vacant Lot Cruton Ave Lot 16 | Marathon |
| Sep 2025 | 0.06 | $1,000,000 | 2950 Overseas Hwy #50 | Key West |
| Sep 2025 | 0.11 | $49,000 | 23 Rainbow Bch | Summerland Key |
| Sep 2025 | 0.04 | $250,000 | 65821 Overseas Hwy #102 | Long Key |
| Sep 2025 | 0.04 | $360,000 | 325 Calusa St #455 | Key Largo |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 81,840 |
| Population (2020) | 82,874 |
| Population Growth | -1.25% |
| Median Household Income | $82,430 |
| Median Home Value | $723,800 |
| Total Housing Units | 54,418 |
| Vacant Housing Units | 19,788 |
| Housing Vacancy Rate | 36.4% |
| Median Age | 48.9 |
| Bachelor's Degree or Higher | 14,615 (17.9%) |
| Unemployment Rate (BLS) | 3.1% |
Market Overview
Monroe County, Florida has a population of 81,840, which has declined 1.25% since 2020. The median household income is $82,430, above the national median of $74,580 by 10.5%. With a median home value of $723,800 and an unemployment rate of 3.1%, the local economy is strong. The housing vacancy rate of 36.4% suggests soft market conditions. Monroe County is part of Florida's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $83,631 per acre, with properties averaging 942.70 acres. There are currently 162 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Monroe County, Florida?
As of the 2023 American Community Survey, Monroe County has a population of 81,840. The county has declined 1.25% since the 2020 Census.
What is the median household income in Monroe County?
The median household income in Monroe County is $82,430, which is 10.5% above the national median of $74,580.
Is Monroe County growing or shrinking?
Monroe County is shrinking. The population has declined 1.25% since 2020.
What is the housing market like in Monroe County?
The median home value in Monroe County is $723,800. The housing vacancy rate is 36.4%, which suggests soft market conditions. The unemployment rate is 3.1%, indicating a strong local economy. Recent rural land sales (1+ acres) show a median price of $83,631 per acre. Suburban/urban lots under 1 acre have a median lot price of $271,250.
Does Reelvest buy land in Monroe County, Florida?
Yes! Reelvest Properties buys vacant land throughout Florida, including Monroe County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.