The median home in Summerland Key, Florida is valued at $1,024,197, down 4.2% year over year. Typical monthly rent is $4,800, producing a price-to-rent ratio of 17.8x — near the national average of 18x. Summerland Key is part of the Key West, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$1,024,197

-4.2%

Rent$4,800/mo

Prices falling — better for buyers.

Affordability

Enter your income for Summerland Key.

Income (annual)

Down Payment

$204,839 on $1,024,197

Example: $75,000 household income. Change it above to see your own.

Out of reach100.2% of income

Need $268,414/yr to afford.

PITI$6,263

P/I100.2%

Afford$286K

Gap-$738K

P&I $5,179Tax $734Ins $350

Renting $1,463/mo cheaper ($4,800 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Summerland Key with other housing markets across Florida.

Jupiter Island$9.49M Golden Beach$7.5M Fisher Island$6.39M Lake Buena Vista$6.09M Jupiter Inlet Colony$3.62M Manalapan$3.57M Golf$2.87M Boca Grande$2.63M

Full Key West, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Key West, FL metro.

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Summerland Key, FL