Key Colony Beach—33051
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Key Colony Beach
As of Oct '25, the median home price in Key Colony Beach is $866,000, with a year-over-year change of -8.1%. This indicates that home prices in Key Colony Beach are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $866,000 | -8.1% |
| Single Family | $998,000 | -6.9% |
| Condos | $569,000 | -9.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $724,000 | -8.2% |
3 Bed | $1,165,000 | -5.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Key Colony Beach
Key Colony Beach lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Key Colony Beach
As of Oct '25, Realtor.com reports that the median days on market for a home in Key Colony Beach is 124. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $947,000 | -4.0% |
Listing Count | 42 | -10.0% |
| Listings as % of Homes | 3.7% | -10.0% |
Days on Market | 124 | 17.0% |
Demographics — Key Colony Beach
As of the latest ACS Survey released in 2023, Key Colony Beach has a population of 525, which has decreased by -7.7% over the past 5 years. Key Colony Beach is a less popular place for families, as children make up 2.9% of the population. The area has a highly educated workforce, with 47.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 525 | -7.7% |
% Under 18 | 2.9% | ∞% |
% Seniors | 55.0% | 10.9% |
% WFH | 13.9% | 363.3% |
% w/ College Degree | 47.6% | 13.9% |
As of the latest ACS Survey released in 2023, Key Colony Beach is a predominantly white area, with 93.1% of the population identifying as white. The white population has grown by 13.4% in the last 5 years. The second most common race or ethnicity in Key Colony Beach is hispanic, making up 6.9% of the population. Foreign-born residents account for 6.7% of the population in Key Colony Beach, and this percentage has decreased by 23.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | 13.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.9% | -21.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 6.7% | -23.9% |
Mortgage and Risk — Key Colony Beach
According to HUD data as of 2023, there were 54 mortgage originations in Key Colony Beach, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Key Colony Beach. Investor activity is low, as 11.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 11.0% |
% Second Loans | 48.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Key Colony Beach
Key Colony Beach lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,560 |
| 2 Bedroom | N/A | N/A | $1,930 |
| 3 Bedroom | -$660 | $3,200 | $2,540 |
| 4 Bedroom | N/A | N/A | $3,090 |
Affordability — Key Colony Beach
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10 |
| Median Home Price | $866,000 |
| Median Household Income | $94,500 |