Summerland Key, Florida.
Typical home $1,079,578 (+3.0% in a year). Key West, FL metro.
to buy the typical home at today's mortgage rate — +$3,389 (+149%) since Jan 2020.
- 1 year
- Up $31,627 +3%
- $1,047,951$1,079,578 since Sep 2025
- 5 years
- Up $243,748 +29%
- $835,830$1,079,578 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.
- Summerland Key$5,666
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Summerland Key, FL rose 3.0% over the past year — faster than the nation's +1.2%.
Living in Summerland Key, Monroe County, Florida
The Census does not count Summerland Key on its own, so the figures here are Monroe County's. Half the county's households earn more than $87,738 a year and half less; 11% of the county's people live below the poverty line. 66% of the county's homes are lived in by their owners and 34% 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 Haiku 5.5 wrote this on 22 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 It can be wrong or out of date.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. Summerland Key is a small island community in Florida's Keys, in Monroe County, where across the county most homes are lived in by their owners. Across the county, the typical resident is in the later middle years, and home values sit well above those in most of the country. Winters are milder than in most of the country, with little or no snow, and summers are hot, with a good deal of rain across the year.
Work. Many residents work in restaurants, hotels and entertainment, in schools, hospitals and social care, in professional and business services, or in shops. Across Monroe County, unemployment is low and the number of jobs grew slightly over the past year. A good share of adults hold a four-year degree, and many people work from home.
Things to do. The Ernest Hemingway House, a museum, is among the best known sites nearby and lies a longer drive away. The Great White Heron National Wildlife Refuge, a protected area, is a short drive away, and Fort Zachary Taylor Historic State Park, a fort, is a longer drive away.
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- 34,405households
- 49.2median age
- 39%of adults have a degree
- 11%below the poverty line
- 20 mintypical commute
- 13%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 75° and lows near 66°; warmest in August, with highs near 90° and lows near 81°. About 44 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Key West Nas weather station, 13 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
- HurricanesRelatively high
- LightningRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Monroe County, against the rest of the country; all of them together, relatively moderate. 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.
Summerland Key home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Summerland Key$1,079,578
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 8 Summerland 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.
- Summerland Key13.03%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Summerland Key95
New listings per month
Sellers arriving at the market.
- Summerland Key14
Zip codes with a Summerland Key address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Summerland Key — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.