Key Biscayne, FL Housing Market & City Data

Explore key insights and real experiences from people who call Key Biscayne home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

5.0
Average City Rating
12,846
Population Estimate
$1,229,333
Median Home Value
94.7%
Employment Rate
73.3%
Bachelor's Degree+

Key Biscayne City Reviews

Real experiences from people who call Key Biscayne home.

5.0
(1 Reviews)

Cagla Gumusgerdan

Key Biscayne is one of Miami's most unique residential communities, offering a peaceful island lifestyle just minutes from Downtown Miami and Brickell. Buyers are drawn to its beautiful beaches, waterfront living, parks, outdoor activities, and relaxed atmosphere. The community offers everything from luxury condominiums and waterfront residences to beautiful single-family homes. One of the biggest advantages of Key Biscayne is the feeling of privacy and tranquility while still being close to the heart of Miami. Buyers should be aware, however, that inventory can be limited and property values are generally at the higher end of the Miami market. Condominium fees, insurance, flood zones, and the specific characteristics of waterfront properties are also important considerations when evaluating a home. For buyers seeking an upscale coastal lifestyle with convenient access to Miami, Key Biscayne is truly a special place to call home.

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Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$1,142
Median Listing Price$2,397,500
Median Days on Market99
Active Listings150
New Listings26
Total Listings (Active + Pending)172
Avg Listing Price$5,992,071
Avg Listing Price Change MoM-5%
Avg Listing Price Change YoY40%

HOUSEHOLD OVERVIEW

Family Size3.49
Family Dual Income50.8
Median Household Income$151,310
Median Individual Income$59,505
Home Ownership69.5%
Home Value$1,229,333
Median Rent$2,548
Rent Burden33.8%
Poverty4.9%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED1.9%
  • Highschool Education7.7%
  • Some College17.1%
  • Bachelors Degree37.2%
  • Graduate Degree36.1%
  • Total College or Above73.3%
  • Stem Degree45.2%

GENDER BREAKDOWN

  • Male47.9%
  • Female52.1%

MARITAL STATUS

  • Married60.1%
  • Divorced9.4%
  • Never Married24.9%
  • Widowed5.6%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityKey Biscayne
State IDFL
Population12,846

AGE BREAKDOWN

Age Group% of Population
Under 1830.0%
19–298.5%
30–396.9%
40–4918.6%
Age Group% of Population
50–5912.7%
60–6910.5%
70–798.0%
80+4.9%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation60.9%
Unemployment Rate5.3%
Disabled6.2%

ETHNICITY

White96.6%
Black0.0%
Asian0.3%
Native American0.0%
Pacific Islander0.2%
Other1.4%
Multiple1.5%

OTHER

Hispanic69.4%
Limited English4.6%
Health Uninsured3.7%
Veteran3.3%

Local Discussions

Community questions and conversations about living in Key Biscayne, FL.

  1. Is Key Biscayne, FL a good place to buy a house?

    Local perspectives on Key Biscayne home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Key Biscayne, FL for families?

    Local insights on Key Biscayne neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Key Biscayne, FL housing market?

    Local insights on Key Biscayne home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Key Biscayne, FL?

    Compare Key Biscayne home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Key Biscayne, FL?

    Explore Key Biscayne neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Key Biscayne, FL?

    Learn how Key Biscayne home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Key Biscayne, FL?

    Learn how Key Biscayne property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Key Biscayne, FL for first-time home buyers?

    Explore Key Biscayne neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Key Biscayne, FL?

    Local perspectives on Key Biscayne neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Key Biscayne, FL?

    What newcomers should know about Key Biscayne housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Key Biscayne, FL

Neighborhoods in Key Biscayne, FL

Get to know neighborhoods in Key Biscayne, ordered by the number of properties in the provider sample.

  • Key Colony Home Owners Association

    Key Colony ↗

    Median asking price
    $624,500
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    203
    B

    Nearby schools · estimated

    7.3/10 · 6 schools

  • The Ocean Club

    Ocean Club ↗

    Median asking price
    $1,790,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    93
    B

    Nearby schools · estimated

    7.3/10 · 6 schools

  • Towers of Key Biscayne

    Towers of Key Biscayne ↗

    Median asking price
    $729,900
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    48
    B

    Nearby schools · estimated

    7.3/10 · 6 schools

  • Commodore Club South

    Commodore Club South ↗

    Median asking price
    $243,750
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    35
    B

    Nearby schools · estimated

    7.3/10 · 6 schools

  • Ocean Village Condominium

    Ocean Village ↗

    Median asking price
    $427,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    34
    B

    Nearby schools · estimated

    7.3/10 · 6 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.