Monroe County, FL home prices
Monroe County, FL: the typical home is worth $966,757 as of 2026-05, down -1.6% over the past year and n/a since 2000. Listings run about $844/sq ft…
Monroe County is falling and overvalued — severely unaffordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1981: $134,057 → 2026: $966,757 (7.2×) pre-2000 estimated via FHFA index
Market read
At $966,757, homes in Monroe County sit 213% above the Florida median ($309,004) and 313% above the US median ($233,954). That ranks #1 of 67 Florida counties by price.
Prices are cooling (-1.6% in the last year) — leaning buyer's market.
Homes here sit on the market — a median 103 days on the market, with 16% of listings cutting their asking price.
At 11.3× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~89% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$4,772/mo (P&I, 20% down) vs $3,375/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Miami-Dade County, FL ($521,999) · Collier County, FL ($556,356) · Broward County, FL ($423,722) · Hendry County, FL ($278,929) · Palm Beach County, FL ($471,499) · Lee County, FL ($339,372)
Frequently asked questions
What is the average home price in Monroe County, FL?
Are home prices in Monroe County rising or falling?
Is Monroe County affordable?
What is the rental yield in Monroe County?
How fast do homes sell in Monroe County?
| Year | Median home value |
|---|---|
| 2016 | $504,028 |
| 2017 | $536,034 |
| 2018 | $573,453 |
| 2019 | $589,563 |
| 2020 | $607,411 |
| 2021 | $676,675 |
| 2022 | $866,294 |
| 2023 | $976,876 |
| 2024 | $1,022,221 |
| 2025 | $992,849 |
| 2026 | $959,445 |