Big Pine Key, Florida.
Typical home $752,866 (+3.6% in a year). Key West, FL metro.
to buy the typical home at today's mortgage rate — +$2,382 (+152%) since Jan 2020.
- 1 year
- Up $26,256 +4%
- $726,610$752,866 since Sep 2025
- 5 years
- Up $183,362 +32%
- $569,505$752,866 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Big Pine Key$3,952
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Big Pine Key, FL rose 3.6% over the past year — faster than the nation's +1.2%.
Living in Big Pine Key, Monroe County, Florida
Big Pine Key, in Monroe County, had 4,521 people in the 2020 census. 88% of its homes are lived in by their owners and 12% are rented. Unemployment in Monroe County was 3.3% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most people in Monroe County work in restaurants and hotels, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Big Pine Key is a small community in the Lower Keys where nearly everyone owns the home they live in. Homes are valued well above what is typical across much of the country, while the share of residents living below the poverty line is modest. Winters are mild, with January highs and lows that stay warm by mainland standards, and summers are hot, with plenty of rain through the year and no real snow.
Work. Residents work mostly in restaurants, hotels and entertainment, in schools, hospitals and social care, in professional and business services, and in shops. Across Monroe County, large employers include Monroe Schools, Lower Keys Medical Center and Cheeca Lodge and Spa. Commutes run long, and a fair number of people work from home.
Things to do. Blue Hole is a freshwater lake in or beside town, and the National Key Deer Refuge, a protected area, is a short drive away. Looe Key National Marine Sanctuary, also a short drive away, is a protected stretch of reef and water. For a longer outing, the Ernest Hemingway House, a museum, is a longer drive away.
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- 1,859households
- 30%of adults have a degree
- 11%below the poverty line
- 32 mintypical commute
- 15%work from home
What people in Monroe County work in
Employed residents by industry, from the Census survey. Monroe County had 47,299 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 74° and lows near 64°; warmest in July, with highs near 90° and lows near 79°. About 46 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bahia Honda Sp weather station, 6 miles away (NOAA).
Largest employers in Monroe County
- US Armed Services14,570
- Monroe County School District1,701
- Ocean Reef Club1,241
- Publix Stores756
- Ocean Properties645
- Monroe County Government612
- Monroe County Sheriff's Office540
- Lower Keys Medical Center523
From Monroe County’s annual financial report for 2025, its schedule of principal employers (its source: “Key West Chamber of Commerce and the Florida Research and Economic Database”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- Coastal floodingVery high
- HurricanesVery high
- LightningRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Big Pine Key’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Monroe County and the Key West, FL metro.
Big Pine Key home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Big Pine Key$752,866
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 6 Big Pine Key listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Big Pine Key18.00%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Big Pine Key85
New listings per month
Sellers arriving at the market.
- Big Pine Key11
Zip codes with a Big Pine Key address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Big Pine Key — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.