Live MLS data · 100 active listings · $2.2M median · Updated November 2026
The Key Biscayne housing market has 100 active listings with a median asking price of $2.2M as of November 2026. 18% of listings have had a price reduction. Average price per square foot is $1476, with homes spending an average of 107 days on market — a buyer's market.
100
Active Listings
$2.2M
Median Price
$1476
Avg $/sqft
107
Avg Days on Market
18%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 13 | $790K |
| 2 BR | 35 | $1.3M |
| 3 BR | 16 | $2.7M |
| 4 BR | 14 | $5.5M |
| 5+ BR | 22 | $8M |
The Key Biscayne real estate market currently has 100 active listings as of November 2026, with a median asking price of $2.2M and an average of $1476/sqft. Homes are spending an average of 107 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.
Condos represent the best value in Key Biscayne right now, with an average price per square foot of $1112 and a median asking price of $1.5M. There are currently 63 active condos listings available.
With 18% of listings having seen a price reduction, there is meaningful negotiating room in Key Biscayne. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.
As of November 2026, the median asking price in Key Biscayne is $2.2M, with an average of $4.2M. Prices range from $65K to $19.4M. The average price per square foot is $1476.
Key Biscayne is currently a buyer's market. Homes average 107 days on market and 18% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of November 2026, homes in Key Biscayne spend an average of 107 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.
Condos are currently the most affordable by price per square foot in Key Biscayne, averaging $1112/sqft with a median price of $1.5M. There are 63 active condos listings available.
Based on the median home price of $2.2M in Key Biscayne, Casa Simple buyers typically receive savings of $15K–$30K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.
HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.
ELLA analyzes every listing in Key Biscayne with an AI-powered IQ score. Get up to $30K back at closing.