Market Overview
Home Prices in Big Pine Key, FL
The median home value in Big Pine Key, FL is $750,647 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and down 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Big Pine Key are priced83% above average. Big Pine Key is part of the Key West, FL metro area.
Over the past five years, Big Pine Key home values have risen by approximately36.3%, reflecting strong long-term appreciation in this market.
Price History
Big Pine Key Home Price Trend
City Comparison
Big Pine Key vs. National Median
At $750,647, homes in Big Pine Key cost 83% above the national median of $410,000. Buyers in Big Pine Key should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Big Pine Key?
20% Down Payment
$150,129
on $750,647
Monthly P&I
$3,915/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,972/mo
incl. taxes & insurance
Income Needed
$198,880
gross annual (30% rule)
10% Down Option
$75,065
+ PMI applies
Loan Amount (20% dn)
$600,518
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Big Pine Key, FL?
The median home value in Big Pine Key is $750,647 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Big Pine Key?
Over the past year, home values in Big Pine Key have increased by 0.7%. Over five years, prices have risen approximately 36.3%.
How much do I need to earn to buy a home in Big Pine Key?
To comfortably afford the median home price of $750,647 with a 20% down payment ($150,129) at today's rates (6.8%), you'd need a gross annual income of approximately $198,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Big Pine Key compare to the national average home price?
The national median home value is approximately $410,000. At $750,647, homes in Big Pine Key are 83% above the national average.
What metro area is Big Pine Key part of?
Big Pine Key is part of the Key West, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.