Who Has The Advantage?
Buyers Have More Negotiating Power
6.6 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.6 months to sell the homes currently available.
Real estate term: Months of Supply
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34228 Real Estate Market
What's Happening With Homes in 34228?
Updated November 9, 2026
Homes in ZIP code 34228 sold for a median of $1,040,000 as of November 9, 2026, down 28.9% from the same 90-day period a year earlier. In ZIP code 34228, the typical home took 47 days to sell, counting total time on market, and 287 homes were for sale as of November 9, 2026.
See What Your Home Is WorthFlorida Housing Market Update November 9, 2026: Rates at 6-Week Low, Homes Selling Faster
As of November 9, 2026
287
Homes For Sale
Active inventory buyers can choose from
50
New In The Last 30 Days
Listings newly added to the market
39
Price Changes In The Last 30 Days
Homes that changed price this week
31
Went Under Contract
Homes that found a buyer this week
0
Back On Market
Homes returned for sale this week
Buyers Have More Negotiating Power
6.6 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.6 months to sell the homes currently available.
Real estate term: Months of Supply
$1,040,000
Typical Sale Price
$539
Typical Price Per Sq. Ft.
92.7%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $464,000.
47 days
Typical Time To Sell
7.7%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
37.6%
Of Homes For Sale Are Below Their Original Asking Price
2
Price Changes This Week
39
Price Changes In The Last 30 Days
0.7%
Share Of Inventory That Changed Price This Week
$100,000 (7.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Buyers Have More Negotiating Power
6.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 6.2 months to sell the homes currently available.
Real estate term: Months of Supply
9.1%
Share Of Homes Listed Before
As of November 9, 2026
47.0%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
5
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$200,900 (9.2%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$2.8M -> $2.5M Down 12.0% over the last 12 months
The typical sale price moved from $2,800,000 in Nov 2025 to $2,465,000 in Oct 2026, down $335,000.
A Balanced Market
5.1 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.1 months to sell the homes currently available.
Real estate term: Months of Supply
$995,000
Typical Sale Price
$556
Typical Price Per Sq. Ft.
92.5%
Of Asking Price
At this ZIP's typical close-to-list ratio, a home listed at $500,000 would have sold for about $463,000.
26 days
Typical Time To Sell
9.7%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
As of November 9, 2026
39.6%
Of Homes For Sale Are Below Their Original Asking Price
2
Price Changes This Week
26
Price Changes In The Last 30 Days
1.3%
Share Of Inventory That Changed Price This Week
$65,000 (7.3%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$987.5K -> $950K Down 3.8% over the last 12 months
The typical sale price moved from $987,500 in Nov 2025 to $950,000 in Oct 2026, down $37,500.
There were not enough recent sales to judge the balance of this market.
0.0%
Share Of Homes Listed Before
As of November 9, 2026
33.3%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
3
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$41,000 (6.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$642.5K -> $775K Up 20.6% over the last 12 months
The typical sale price moved from $642,500 in Nov 2025 to $775,000 in Sep 2026, up $132,500.
There were not enough recent sales to judge the balance of this market.
0.0%
Share Of Homes Listed Before
As of November 9, 2026
50.0%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
2
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$104,550 (12.0%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$735K -> $585K Down 20.4% over the last 12 months
The typical sale price moved from $735,000 in Feb 2026 to $585,000 in Oct 2026, down $150,000.
There were not enough recent sales to judge the balance of this market.
0.0%
Share Of Homes Listed Before
As of November 9, 2026
14.3%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
1
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$20,900 (13.9%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
As of November 9, 2026
$92.5K -> $82K Down 11.4% over the last 12 months
The typical sale price moved from $92,500 in Nov 2025 to $81,985 in Oct 2026, down $10,515.
As of November 9, 2026
| Metric | 34228 Now | Last Year | Longboat Key |
|---|---|---|---|
| Homes For Sale | 287 | 229 | 287 |
| Typical Sale Price | $1,040,000 34228 matches the city median | $1,462,729 | $1,040,000 |
| Homes Sold, 30 Days | 23 | 22 | 23 |
As of November 9, 2026, homes in 34228 had 6.6 months of supply, compared with 6.6 months across Longboat Key as a whole. The typical home here took 47 days to sell, against 47 days citywide.

571 Saint Judes Unit 4
Longboat Key, FL 34228
1 bd · 1 ba · 372 sq ft
Condo
$1,097 per sq ft · HOA about $129 per month

775 Longboat Club Unit 304
Longboat Key, FL 34228
2 bd · 2 ba · 1,602 sq ft
Condo
Waterfront · $808 per sq ft · HOA about $3,358 per month

1281 Gulf of Mexico Drive Unit 707
Longboat Key, FL 34228
3 bd · 4 ba · 3,273 sq ft
Condo
$1,085 per sq ft · No HOA

738 Spanish Unit 98
Longboat Key, FL 34228
2 bd · 2 ba · 1,140 sq ft
Condo
$434 per sq ft · No HOA

1920 Harbourside Unit 1003
Longboat Key, FL 34228
2 bd · 3 ba · 1,690 sq ft
Townhome
Waterfront · $370 per sq ft · HOA about $82 per month

2151 Gulf of Mexico Unit 4
Longboat Key, FL 34228
3 bd · 4 ba · 3,800 sq ft
Condo
$1,079 per sq ft · No HOA

605 Sutton Unit 101
Longboat Key, FL 34228
2 bd · 2 ba · 1,148 sq ft
Condo
$518 per sq ft · No HOA

2141 Harbourside Unit 1203
Longboat Key, FL 34228
3 bd · 3 ba · 2,204 sq ft
Condo
$658 per sq ft · HOA about $1,491 per month
Data courtesy of Stellar MLS as distributed by MLS GRID as of Oct 13, 2026 2:36 PM ET through Oct 14, 2026 2:36 PM ET.
The market statistics above describe all of ZIP code 34228. Enter your property address in Longboat Key, FL for a property-specific estimate based on your home, not the blended ZIP averages.
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Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
2,000 sq ft
Typical Size Of Homes Sold
0.0%
New Construction
Mix By Property Type
What the Florida market is doing, what to watch over the next 60 days, and how to price and sell into it. Every number sourced.
Hosted by James P. Schlimmer, Broker
No, 34228 currently favors buyers more than sellers right now. As of November 9, 2026, 34228 shows 6.6 months of supply and 287 active listings, conditions typical of a buyer's market in Longboat Key. Individual results still depend on pricing, condition, and location within the ZIP code.
The typical home in 34228 took 47 days to sell as of November 9, 2026, counting total time on market including any earlier listing periods for the same property. That figure reflects recent closed sales in Longboat Key, not just the homes currently listed for sale in the ZIP code today.
Homes in 34228 sold for about 92.7% of asking price as of November 9, 2026, based on the median close-to-list ratio over the last 30 days, meaning a home listed at $500,000 typically sold for about $464,000. That figure includes homes that sold above list and below list within ZIP code 34228.
34228 is currently a buyer's market as of November 9, 2026, with about 6.6 months of supply and 287 homes currently for sale. Months of supply compares active inventory to recent sales, and values below about 4 months generally favor sellers while values above about 6 months favor buyers in Longboat Key.
Home prices in 34228 were down 28.9% year over year as of November 9, 2026, comparing the median sale price from the last 90 days with the same period a year earlier. Monthly swings can differ, but that figure shows the broader price direction for closed sales in ZIP code 34228.
As of November 9, 2026, there are 287 homes for sale in ZIP code 34228, representing active MLS listings buyers can shop today. That count shifts weekly as new listings arrive and others go under contract, so check back for the latest inventory in the ZIP code.
Selling a home in 34228 through HomeJam starts at $499 for the DIY tier, with Guided at 1 percent and Concierge at 2.5 percent of the sale price. Your total cost depends on which tier you choose plus other transaction expenses such as title, taxes and any concessions you agree to.
Market statistics are calculated using MLS data for ZIP code 34228.
Data is updated weekly. Last updated November 9, 2026.
Data courtesy of Stellar MLS as distributed by MLS GRID as of November 1, 2025 through November 9, 2026.
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