Homes for sale in
Lower Keys, Florida
Island living below Marathon, above Key West
4
Homes for sale
$912,500
Median list price
$689
Avg price / sqft
42
Median days on market
The Lower Keys are the string of islands between Marathon and Key West — Big Pine, Cudjoe, Sugarloaf and their neighbors — where the pace slows, the water is everywhere, and daily life runs on tides and backcountry flats rather than traffic lights. This is a place for people who want a boat in the yard, a short drive to the reef, and space between themselves and the crowds. Most of what trades here is single-family homes, and a large share of it sits on or near the water.
Inventory is genuinely thin: right now there are just four active listings across the Lower Keys, so buyers are choosing from a very short menu. Three of those four are waterfront homes and two carry $1M+ price tags, which tells you where value concentrates in this corner of Monroe County. With a median list price of $912,500 and only 21 sales in the past year, timing and preparation matter more than in a deep, fast-moving market.
Lower Keys is in Monroe County, Florida.
Within a 30-minute drive
Quick facts
$350,000 – $1.8M price range
1,410 sqft median home
Balanced right now
Fresh on the market
Newest homes in Lower Keys
View all 4 homes →
$1,775,000
193 Galleon Ln, Lower Keys FL 33042, LOWER KEYS
4 bd · 4 ba · 1,671 sqft
$775,000
, LOWER KEYS
3 bd · 2 ba · 1,148 sqft
$1,050,000
27403 Antigua Ln, Lower Keys FL 33042, LOWER KEYS
3 bd · 2.5 ba · 1,954 sqft
$350,000
701 Spanish Main Dr # 536, Lower Keys FL 33042, LOWER KEYS
2 bd · 1 ba · 726 sqft
4 of 4 active listings shown
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Property features
The numbers that matter
The Lower Keys market
Balanced
6.0 months of inventory
Supply and demand are roughly even — negotiation cuts both ways.
21
Sold, last 12 months
$1,000,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
162 days
Median time to sell
Lower Keys vs Monroe County
Median list price
Price per sqft
Days on market
Live Stellar MLS data — listings and closed sales in Lower Keys, FL. Rolling medians smooth single-month swings in thin markets.
Beyond the listings
Living in Lower Keys
Water is the whole point
Three of the four active listings are waterfront, matching the Lower Keys' reputation as a boating and fishing base with quick access to both the Gulf and Atlantic.
Very limited inventory
With only four active listings, buyers should expect a short list of options and move decisively when the right property appears.
A million-dollar median sale
Homes sold over the last 12 months traded at a median of $1,000,000, so this is a serious-budget market even for modest square footage.
Sellers hold firm on price
Sellers received an average of 94% of asking over the past year, meaning lowball offers rarely land here.
Priced by the square foot
At an average of $689 per square foot on a median 1,410 sqft home, you're buying location and water access as much as living space.
What it really costs
Owning here
Owning the median Lower Keys home
≈ $5,423/mo
$912,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
0%
In a FEMA flood zone
Most homes here sit outside high-risk zones
Straight answers
Lower Keys real estate FAQs
Is the Lower Keys a good place to live?+
It suits people who want island life with easy water access and distance from busier tourist hubs — the appeal here is boating, fishing, and a quieter rhythm than Key West. Nearly all of the current market is waterfront, with three of four active waterfront homes reflecting how central the water is to daily life.
Is the Lower Keys expensive?+
Yes — it's a high-cost island market with a median list price of $912,500 and homes selling at a median of $1,000,000 over the past year. At an average of $689 per square foot, you're paying a premium for location and water access even on smaller homes.
What do homes cost in the Lower Keys?+
Active listings currently range from $350,000 to $1,775,000, so there's a spread, but the median list price sits at $912,500. If you want to see where you fit, you can browse by price and work up from there.
How is the Lower Keys market right now?+
It's a thin, seller-favoring market: just four active listings, 21 sales in the past 12 months, and a median of 42 days on market. Sellers are getting about 94% of asking on average, so well-priced homes hold their value; watching just reduced listings can surface the rare negotiating opening.
What about HOA fees and property taxes?+
HOA data isn't consistently reported here, which is typical for a market dominated by single-family homes rather than large managed communities. Property taxes run a median of about $4,855 per year, though your actual bill depends on assessed value and homestead status.
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Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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