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Longboat Key, FL
Full City Profile · Florida · Manatee County County
3.8
/5.0
B+
Good
7,512
Population
1,841/sq mi density
$143,365
Median Income
$138,251 per capita
$959,200
Home Value
$968,093 Zillow
$2,969
Median Rent
49.2% income on rent
74°F
Avg Temperature
330 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$143,365 median income, 0.6% unemployment
C+
Affordability
2.9 / 5.0
$959,200 home value, $2,969/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
68.9% bachelor's degree or higher
Housing Overview
Median Home Value
$959,200
240% above
US avg: $281,900
Median Rent
$2,969/mo
155% above
US avg: $1,163/mo
Homeownership Rate
93.6%
43% above US avg (65.4%)
Total Housing Units
9,708
Median year built: 1979
Home Value by Source
Census Median
$959,200
Zillow (ZHVI)
$968,093
Median Sale Price
$1,000,000
Median List Price
$1,297,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.6%
Owner-Occupied
6.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$2,969/mo
Market Indicators (Redfin)
Median Days on Market
76 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
39
Price Drops
31.9%
of listings with price reduction
Price Per Sq Ft
$640
Active Inventory
361
homes for sale
Affordability & Housing Stock
Rent Burden
49.2%
of renters spending 30%+ of income on housing
59% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
93.6%
Complete Housing Data
Home Values
| Census Median Value | $959,200 |
| Zillow Home Value (ZHVI) | $968,093 |
| Median Sale Price | $1,000,000 |
| Median List Price | $1,297,000 |
| Price Per Sq Ft | $640 |
Rent
| Census Median Rent | $2,969 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 76 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 31.9% |
| Homes Sold | 39 |
| Active Inventory | 361 |
| Price Per Sq Ft | $640 |
Ownership & Stock
| Owner-Occupied | 93.6% |
| Renter-Occupied | 6.4% |
| Homeownership Rate | 93.6% |
| Total Housing Units | 9,708 |
| Median Year Built | 1979 |
| Rent Burden | 49.2% |