Longboat Key, Florida.
Typical home $951,300 (-1.6% in a year), asking rent $8,450 . North Port-Sarasota-Bradenton, FL metro.
to buy the typical home at today's mortgage rate — +$2,534 (+103%) since Jan 2020.
- 1 year
- Down $15,325 -2%
- $966,625$951,300 since Sep 2025
- 5 years
- Up $50,436 +6%
- $900,864$951,300 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.
- Longboat Key$4,993
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 64 years.
Typical home values in Longboat Key, FL fell 1.6% over the past year — slower than the nation's +1.2%.
Living in Longboat Key, Sarasota County, Florida
Longboat Key is a town of 7,505 people in Sarasota County. Half its households earn more than $158,030 a year and half less, against $83,416 across Sarasota County; 5% of its people live below the poverty line. 94% of its homes are lived in by their owners and 6% are rented. Unemployment in Sarasota County was 5.0% in August 2026, and the county had 2.3% more jobs in 2025 than the year before. The most residents work in professional services, then finance and property.
Written by AI Claude Sonnet 5.5 wrote this on 24 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 It can be wrong or out of date.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. Longboat Key is a small barrier-island town in Sarasota County, and it is an older place: the typical resident is well past retirement age, and a very large majority of adults hold a four-year degree. Nearly everyone owns the home they live in, and renting is rare. Incomes run well above the county's, and relatively few people live below the poverty line. Homes are priced and rented far above what is usual in most of the country. Winters are mild, with January the coolest month, and summers are hot, with August the warmest; rain falls through the year.
Work. Many residents work in professional and business services, in banks, insurance and property, in schools, hospitals and social care, or in shops. A large share work from home, and the typical commute for those who travel is a moderate one. Unemployment across Sarasota County has edged up over the past year, though the county has added jobs. Among the largest workplaces across the county are Sarasota Schools and Sarasota Memorial Hospital.
Things to do. Water is close at hand, with Sarasota Bay in or beside town and the beaches of Siesta Key and Anna Maria Island each a short drive away. For a rainy day, the John and Mable Ringling Museum of Art is a short drive away, and the Salvador Dalí Museum is a longer drive away. Mote Marine Laboratory, an aquarium, is also a short drive away.
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- 4,222households
- 70%of adults have a degree
- 5%below the poverty line
- 24 mintypical commute
- 46%work from home
What residents work in
Employed residents by industry, from the Census survey. Sarasota County had 194,499 jobs in 2025, 2.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 72° and lows near 52°; warmest in August, with highs near 92° and lows near 75°. About 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Sarasota Bradenton Airport weather station, 5 miles away (NOAA).
Largest employers in Longboat Key
- St Regis Longboat Key Resort & Residences550
- Resort at Longboat Key Club (1)504
- Publix Supermarket144
- Town of Longboat Key123
- Zota Beach Resort (formerly Hilton)115
- Shore Restaurant102
- Dry Dock Restaurant92
- Mar Vista Dockside Restaurant60
From the Town of Longboat Key’s annual financial report for 2025, its schedule of principal employers (its source: “Employers/Town of Longboat Key”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- Coastal floodingVery high
- HurricanesVery high
- LightningRelatively high
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Longboat 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 Sarasota County and the North Port-Sarasota-Bradenton, FL metro.
Longboat Key home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Longboat Key$951,300
- Florida$375,361
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 8 Longboat Key listings, and the typical home goes pending in 129 days — 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.
- Longboat Key12.23%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Longboat Key129
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Longboat Key298
New listings per month
Sellers arriving at the market.
- Longboat Key34
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Longboat Key$983,628
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Longboat Key93.71%
Zip codes with a Longboat Key address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Longboat Key — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.