Manatee County · North Port-Sarasota-Bradenton · population 7,463
Where Longboat Key stands
22% off 5-year peak. home values down 8.9% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 11.1 price-to-rent ratio, buying generally beats renting in Longboat Key on a long-enough horizon. The headline math is that one year of mortgage payments approximates 11.1 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Longboat Key has held up across the cycle: home values at $963,904 with +4.9% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Longboat Key has given back 22% from its 5-year peak — that's not a healthy correction, it's a market still digesting an overshoot. The bear case is that the floor hasn't been found yet.
About Longboat Key
Longboat Key is a city in Manatee County, Florida, with an estimated population of 7,463. It anchors the North Port-Sarasota-Bradenton metro area. The median home value in Longboat Key is $963,904 as of 2026-04, down 8.9% over the last 12 months. Over the last five years, home values have averaged +4.9% annual growth, and the market currently sits about 22% below its 5-year peak. Rents in Longboat Key average $7,209 per month. The composite momentum score is 36 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
▲ Bull case
▼ Bear case
Playbook
You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it. Longboat Key is currently 22% off its 5-year peak — historically, that's been the discount tier of this market.
Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.
Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.
Local safety & alerts
No active National Weather Service alerts for Manatee County right now.
Public-safety links are official .gov sources, not curated by us. Manatee County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Longboat Key
Run the numbers for Longboat Key
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Longboat Key listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local sports teams
Major professional teams the North Port-Sarasota-Bradenton area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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