Buyers put 20 single-family homes under contract in Key Largo in September 2026, 67% more than in September 2025. The full single-family and condo/townhouse numbers are below, each compared with the same month last year.
September 2026 at a Glance: Key Largo single-family contracts and closings both rose from a year ago, with fewer homes for sale. Condo and townhouse inventory fell too, though the condo counts are small.
Single-Family Homes: September 2026 vs. September 2025
Key Largo Single-Family Statistics, September 2026 vs. September 2025. Source: SunStats, Key Largo (CDP).
New pending sales, the contracts written during the month, posted the largest single-family change in the report. Pending inventory, the total number of homes under contract, rose 30% to 30.
Closed sales rose 50% to 21. Active inventory fell 17% to 160 homes, and new listings matched last September exactly.
The median sale price slipped 3.4% to $947,000. It is the midpoint of 21 closings, so it moves with the mix of homes that sold in a given month.
Key Market Highlights: Key Largo Single-Family, September 2026
| Metric | September 2026 | Change vs. Sept 2025 |
|---|---|---|
| Active Inventory | 160 | Down 17% |
| Pending Inventory | 30 | Up 30% |
| Closed Sales | 21 | Up 50% |
| New Listings | 23 | No change |
| New Pending Sales | 20 | Up 67% |
| Median Sale Price | $947,000 | Down 3.4% |
Condo/Townhouse: September 2026 vs. September 2025
Key Largo Condo/Townhouse Statistics, September 2026 vs. September 2025. Source: SunStats, Key Largo (CDP).
There were 32 condos and townhouses for sale in Key Largo this September, down 20% from a year earlier.
Every other condo count is in single digits: 4 closings, 5 new contracts, 7 new listings and 9 pending. At these sizes, one or two sales can swing a percentage sharply, so read the changes in the table with that in mind.
Key Market Highlights: Key Largo Condo/Townhouse, September 2026
| Metric | September 2026 | Change vs. Sept 2025 |
|---|---|---|
| Active Inventory | 32 | Down 20% |
| Pending Inventory | 9 | Up 50% |
| Closed Sales | 4 | Down 20% |
| New Listings | 7 | Down 30% |
| New Pending Sales | 5 | Down 17% |
| Median Sale Price | $1,230,000 | Up 165% |
A Word to Buyers
The best way to see what these numbers look like on the ground is to look at what is listed today. You can narrow the search to Key Largo waterfront homes, homes away from the water, or Key Largo condos and townhouses. If this is your first purchase in the Keys, start with how buying in the Florida Keys works.
See all Key Largo homes for sale
A Word to Sellers
If you own in Key Largo and are weighing a sale, my certified home program is built to take surprises off the table. It starts with a pre-listing inspection, addresses what that inspection finds before buyers walk through, and includes a home warranty with the sale.
Learn how I sell homes in Key Largo and the Upper Keys
The Bigger Picture: Florida Keys, September 2026
Key Largo is one part of the Florida Keys market, and its monthly counts are small. The Keys-wide report covers more than a hundred closings and is where I share my read on where the market is heading.
Read the Florida Keys market report for September 2026, or look back at the August 2026 Key Largo report.
Key Largo Real Estate: Frequently Asked Questions
How many homes went under contract in Key Largo in September 2026?
Buyers signed contracts on 20 single-family homes in Key Largo in September 2026, up 67% from September 2025. In total, 30 single-family homes were pending, up 30%.
How many single-family homes are for sale in Key Largo?
There were 160 single-family homes for sale in Key Largo in September 2026, 17% fewer than a year earlier. New listings held level with last year at 23 for the month.
What is the median home price in Key Largo?
The single-family median sale price in Key Largo was $947,000 in September 2026, down 3.4% from September 2025, based on 21 closed sales.
Why did the Key Largo condo median price jump 165%?
The condo and townhouse median of $1,230,000 came from just 4 closed sales in September 2026. With so few sales, the median mostly reflects which units happened to close that month, so the 165% figure should not be read as a change in condo values.
Data source: Florida Realtors SunStats, Key Largo (CDP), Single-Family and Condo/Townhouse, September 2026 vs. September 2025. Figures may be revised by the source after publication. Information deemed reliable but not guaranteed.