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Real Estate Market Trends and Analytics in Key West, FL

In December 2024, Key West, FL homes were selling for an average price of $974,547, Key West, FL homes on average sell after 117 days on the market compared to 66 days last year. There were 17 homes sold in Key West, FL for December 2024, compared to 13 last year.
View all properties for sale in Key West, FL

Key West, FL Market Trend

Average List Price
The average list price of Key West, FL, was $2,253,200 in December 2024, compared to $2,570,000 in December 2023.

Key West, FL Market Trend for Houses

Average List Price
The average list price of houses in Key West, FL, was $1,917,399 in December 2024, compared to $0 in December 2023.

Key West, FL Market Trend for Condos / Townhouses / Penthouses

Average List Price
The average list price of condos/co-ops in Key West, FL, was $978,000 in December 2024, compared to $850,000 in December 2023.

Key West, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Key West, FL, was $330,000 in December 2024, compared to $800,000 in December 2023.

Key West, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Key West, FL, was $3,771,000 in December 2024, compared to $9,500,000 in December 2023.

Key West, FL Housing Market Analysis

The average list price in Key West, FL is $2,253,200. The average list price in Key West, FL went down 27.51% from 2023 to 2024. Key West, FL home resale inventories is 20, which increased 233.33% since 2023. The average list price per square foot in Key West, FL is $1,159. 2023 it was $1,261.
20
for sale
1
for rent
72
sold
Price Range
$99K - $12.4M
Avg. SQFT Price
$1,159
SF Range
575 - 4,370 SF
Beds
1 - 4
Avg. Dom
288 days
Year Built
1896 - 2000

Properties in Key West, FL

3304 Flagler Ave, Key West FL 33040 placeholder 3304 Flagler Ave, Key West FL 33040
20 days
For Sale
House
$1,059,500
3 bds 2 ba 1,317 sqft
3304 Flagler Ave, Key West FL 33040
3746 Paula Ave, Key West FL 33040 placeholder 3746 Paula Ave, Key West FL 33040
-$200K (2024/12/16)
For Sale
House
$1,299,990
4 bds 2 ba 1,563 sqft
3746 Paula Ave, Key West FL 33040
5950 Peninsular Ave #613, Key West FL 33040 placeholder 5950 Peninsular Ave #613, Key West FL 33040
27 days
For Sale
Lots/Land
$330,000
0 room(s)
5950 Peninsular Ave #613, Key West FL 33040
201 coppitt rd # 205, Key West FL 33040 placeholder 201 coppitt rd # 205, Key West FL 33040
-$60K (2024/11/28)
For Sale
Condo/Co-op
$339,000
1 bds 1 ba
201 coppitt rd # 205, Key West FL 33040
414 Virginia St, Key West, FL 33040 placeholder 414 Virginia St, Key West, FL 33040
48 days
For Sale
House
$1,399,000
3 bds 1 ba 1,344 sqft
414 Virginia St, Key West, FL 33040
1801 Roosevelt, Key West, FL 33040 placeholder 1801 Roosevelt, Key West, FL 33040
61 days
For Sale
Commercial
$259,000
0 room(s)
1801 Roosevelt, Key West, FL 33040
2119 Flagler Ave, Key West, FL 33040 placeholder 2119 Flagler Ave, Key West, FL 33040
68 days
For Sale
House
$969,000
2 bds 1 ba 1,030 sqft
2119 Flagler Ave, Key West, FL 33040
18 W Circle Dr, Key West FL 33040 placeholder 18 W Circle Dr, Key West FL 33040
-$80K (2024/12/06)
For Sale
House
$1,170,000
3 bds 2 ba 1,070 sqft
18 W Circle Dr, Key West FL 33040

Market Trends nearby