Longboat Key, FL housing market
The typical Longboat Key home is worth about $948,000, down 3.5% in a year, 152% above the Florida typical home. Homes typically sell in 81 days, below asking.
Home values, sales, trends and how Longboat Key compares with the towns next door — updated as new data is published.
Longboat Key at a glance
A balanced market
About 5.9 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Longboat Key | Florida |
|---|---|---|
| 2017 | $672,000 | $209,000 |
| 2018 | $675,000 | $226,000 |
| 2019 | $685,000 | $242,000 |
| 2020 | $675,000 | $253,000 |
| 2021 | $711,000 | $276,000 |
| 2022 | $992,000 | $340,000 |
| 2023 | $1,198,000 | $392,000 |
| 2024 | $1,145,000 | $402,000 |
| 2025 | $1,069,000 | $397,000 |
| 2026 | $952,000 | $377,000 |
| August 2026 | $948,000 | $376,000 |
25 new homes permitted in 2025
Builders were permitted 25 new homes in Longboat Key in 2025, all single-family houses, worth about $42.1 million to build. That's 3.3 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Longboat Key has permitted 239 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Longboat Key gained 617 residents while 169 new homes were permitted: about 3.7 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Florida: 2.8 new residents per new home.
How Longboat Key ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 15 | 15 | 0 | $22.3 million |
| 2025 | 25 | 25 | 0 | $42.1 million |
| 2024 | 25 | 25 | 0 | $33.1 million |
| 2023 | 35 | 19 | 16 | $27.1 million |
| 2022 | 14 | 14 | 0 | $15.8 million |
| 2021 | 16 | 16 | 0 | $13.2 million |
| 2020 | 20 | 20 | 0 | $16.5 million |
| 2019 | 22 | 22 | 0 | $18.3 million |
| 2018 | 20 | 20 | 0 | $14.3 million |
| 2017 | 33 | 23 | 10 | $34 million |
| 2016 | 29 | 18 | 11 | $31.1 million |
| 2015 | 14 | 14 | 0 | $12.2 million |
| 2014 | 32 | 16 | 16 | $33.2 million |
| 2013 | 12 | 12 | 0 | $7.7 million |
| 2012 | 7 | 7 | 0 | $4.3 million |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 3 | 3 | 0 | $3 million |
| 2008 | 3 | 3 | 0 | $2.3 million |
| 2007 | 7 | 7 | 0 | $5.3 million |
| 2006 | 27 | 10 | 17 | $28.2 million |
| 2005 | 39 | 12 | 27 | $32.5 million |
| 2004 | 40 | 30 | 10 | $32 million |
| 2003 | 25 | 25 | 0 | $14.2 million |
| 2002 | 19 | 19 | 0 | $11.2 million |
| 2001 | 48 | 34 | 14 | $23.7 million |
| 2000 | 45 | 38 | 7 | $17.9 million |
How Longboat Key ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Longboat Key and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Longboat Key | $948K | −3.5% | $2,940 | 25 | $158,030 |
| Bradenton Beach | $628K | −1% | $2,110 | 8 | $73,125 |
6 years of income
The typical Longboat Key home costs about 6 years of the town's median household income, more than across Florida (5 years).
How Longboat Key ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,940
HUD's Fair Market Rent for a two-bedroom in Longboat Key is $2,940 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Longboat Key pay a median of $3,501. A two-bedroom takes about 22% of the town's median household income.
Studio $2,130 · 4 bedrooms $4,540
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (34228; North Port-Bradenton-Sarasota, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.