Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Monroe County is falling and overvalued — severely unaffordable for what people here earn.

Momentum-1.6%Falling
Valuation+89%High bubble risk
Affordability1/10Severely unaffordable
Market103 daysBuyer's market

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

Typical value$966,7572026-05
1-year-1.6%
5-year+35.2%
10-year+86.4%
Since 2000n/a
Population80k2024
Median income$85,6392023 · 11.3× income
Median rent$3,375/mo2026 · 4.2% gross yield
New homes/yr3342024
Price / sq ft$844listings
Days on market1032026-06
Active listings1,3312026-06
Price cuts16%of listings

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 →

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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?
The typical home in Monroe County is worth $966,757 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Monroe County rising or falling?
Prices are down -1.6% over the past year and n/a since 2000 — a buyer's market.
Is Monroe County affordable?
At 11.3× the local median income of $85,639, Monroe County is pricier than the typical US county.
What is the rental yield in Monroe County?
Median rent is $3,375/mo — a gross rental yield of 4.2% on the typical home.
How fast do homes sell in Monroe County?
Homes here take a median of 103 days to sell, with 16% of listings cutting their asking price.
Median home value by year
YearMedian 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