In June 2026, the median home sale price in Key West (33040), FL was $962,500, with homes selling in an average of 202 days — slower than the 89-day average last year, suggesting buyers have more negotiating room. A total of 22 homes sold in this period, up from 13 last year — a sign of an active market.
The median list price of Key West (33040), FL, was $949,500 in June 2026, compared to $1,699,000 in June 2025.
Key West (33040), FL Market Trend for Houses
Median List Price
The median list price of houses in Key West (33040), FL, was $1,134,750 in June 2026, compared to $1,949,500 in June 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 $1,399,500 in June 2026, compared to $1,399,500 in June 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 $272,000 in June 2026, compared to $257,450 in June 2025.
Key West (33040), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Key West (33040), FL, was $225,000 in June 2026, compared to $7,999,000 in June 2025.
Key West (33040), FL Housing Market Analysis
There are currently 22 homes listed for sale in Key West (33040), FL, an increase of 83.33% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,817,568 (down 27.84% year-over-year), and the average price per square foot is $1,036 compared to $1,068 in 2025. Properties spend an average of 458 days on the market before going under contract.
