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33037 housing market

ZIP code · Key Largo · Monroe

The median sale price in ZIP code 33037 was $1.02M in May 2026, up 6.8% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $942K, easing from $958K across the three months before that. That puts prices 12.3% below the strongest three-month stretch on record here, which ended in May 2024 at $1.07M. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $1.1M for Jun 2026, up 1.9% year over year.

Buyers had 203 homes to choose from in May 2026, down 15.4% year over year (Redfin). 120 homes came to market in May 2026, down 4.8% year over year, against 93 closings, up 13.4% year over year. Homes that sold in May 2026 took a median of 103.5 days to go under contract, 65 days faster than this market's usual May pace.

Sellers were asking a median of $1.2M in Jul 2026, down 19.8% 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 22.0% above the closing median. Competition is measurable in the closings themselves: 1.0% settled above asking, and the average sale landed at 95% of its final list price. 14% of listings carried a price cut in Jul 2026.

This page tracks 18 monthly housing series for ZIP code 33037 — 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 33037: Redfin · Realtor.com · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.