In October 2026, the median home sale price in Key West (33040), FL was $237,000, with homes selling in an average of 154 days — slower than the 22-day average last year, suggesting buyers have more negotiating room. A total of 3 homes sold in this period, matching last year's pace.
The median list price of Key West (33040), FL, was $1,850,000 in October 2026, compared to $4,647,500 in October 2025.
Key West (33040), FL Market Trend for Houses
Median List Price
The median list price of houses in Key West (33040), FL, was $1,789,500 in October 2026, compared to $4,647,500 in October 2025.
Key West (33040), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Key West (33040), FL, was $0 in October 2026, compared to $0 in October 2025.
Key West (33040), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Key West (33040), FL, was $0 in October 2026, compared to $0 in October 2025.
Key West (33040), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Key West (33040), FL, was $1,850,000 in October 2026, compared to $0 in October 2025.
Key West (33040), FL Housing Market Analysis
There are currently 7 homes listed for sale in Key West (33040), FL, an increase of 250.00% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $2,208,857 (down 52.47% year-over-year), and the average price per square foot is $1,120 compared to $1,133 in 2025. Properties spend an average of 182 days on the market before going under contract.
