33036 housing market
ZIP code · Islamorada · MonroeThe median sale price in ZIP code 33036 was $1.18M in May 2026, up 4.4% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $1.31M, firming from $1.19M across the three months before that. That puts prices 38.4% below the strongest three-month stretch on record here, which ended in Jul 2023 at $2.13M. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $1.24M for Jun 2026, up 2.0% year over year.
Buyers had 97 homes to choose from in May 2026, down 17.1% year over year (Redfin). 42 homes came to market in May 2026, down 22.2% year over year, against 41 closings, up 13.9% year over year. Homes that sold in May 2026 took a median of 126.5 days to go under contract, 80 days faster than this market's usual May pace.
Sellers were asking a median of $2.67M in Jul 2026, up 22.6% year over year (Realtor.com). Asking prices and closing prices never describe the same homes, so the gap between them reads as seller expectation rather than a discount available to buyers: in May 2026 the list median ran 112.8% above the closing median. Competition is measurable in the closings themselves: 0.0% settled above asking, and the average sale landed at 93% of its final list price. 15% of listings carried a price cut in Jul 2026.
This page tracks 18 monthly housing series for ZIP code 33036 — median sale price, median list price, ZHVI home value, inventory (active), active listings, median days on market, and more — sourced from Realtor.com, Redfin, Zillow ZHVI, running from Aug 2016 through Jul 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.
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Sources for 33036: Redfin · Realtor.com · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.