Key West, FL—33040
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$957,000
2.9% YoY Growth
Household Income
$79,000
16.7% YoY Growth
Days on Market
97
6.0% Longer YoY
Home Price Forecast
1.0%
Median Rent
$3,500
11.9% YoY Growth
1-Bed Rent
$2,800
6.2% YoY Growth
2-Bed Rent
$3,500
9.5% YoY Growth
3-Bed Rent
$4,500
10.8% YoY Growth
Home Price Trends — Key West, FL
As of May '26, the median home price in Key West, FL is $957,000, with a year-over-year change of -2.9%. This indicates that home prices in Key West, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $957,000 | -2.9% |
| Single Family | $1,044,000 | -1.6% |
| Condos | $703,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |