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Real Estate Market Trends and Analytics in Key West, FL

In September 2023, Key West, FL homes were selling for an average price of $1,141,800, Key West, FL homes on average sell after 145 days on the market compared to 173 days last year. There were 18 homes sold in Key West, FL for September 2023, compared to 22 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 $1,141,188 in September 2023, compared to $708,650 in September 2022.

Key West, FL Market Trend for Houses

Average List Price
The average list price of houses in Key West, FL, was $1,781,955 in September 2023, compared to $682,167 in September 2022.

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 $982,500 in September 2023, compared to $1,046,667 in September 2022.

Key West, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Key West, FL, was $549,500 in September 2023, compared to $0 in September 2022.

Key West, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Key West, FL, was $393,333 in September 2023, compared to $475,000 in September 2022.

Key West, FL Housing Market Analysis

The average list price in Key West, FL is $1,141,188. The average list price in Key West, FL went up 61.04% from 2022 to 2023. Key West, FL home resale inventories is 24, which increased 140.00% since 2022. The average list price per square foot in Key West, FL is $1,086. 2022 it was $806.
24
for sale
2
for rent
75
sold
Price Range
$285K - $3.8M
Avg. SQFT Price
$1,086
SF Range
520 - 2,240 SF
Beds
1 - 5
Avg. Dom
366 days
Year Built
1913 - 2017

Properties in Key West, FL

3635 SEASIDE DRIVE # 310, KEY WEST FL 33040 placeholder 3635 SEASIDE DRIVE # 310, KEY WEST FL 33040
12 days
For Sale
Condo/Co-op
$695,000
2 bds 2 ba 772 sqft
3635 SEASIDE DRIVE # 310, KEY WEST FL 33040
1601 Johnson St, Key West FL 33040 placeholder 1601 Johnson St, Key West FL 33040
21 days
For Sale
House
$1,186,500
2 bds 1 ba 1,116 sqft
1601 Johnson St, Key West FL 33040
5555 College Rd, Key West FL 33040 placeholder 5555 College Rd, Key West FL 33040
46 days
For Sale
Lots/Land
$299,000
0 room(s)
5555 College Rd, Key West FL 33040
616 Caroline, Key West, FL 33040 placeholder 616 Caroline, Key West, FL 33040
76 days
For Sale
Condo/Co-op
$940,000
1 bds 2 ba 650 sqft
616 Caroline, Key West, FL 33040
6810 Front, Key West, FL 33040 placeholder 6810 Front, Key West, FL 33040
78 days
For Sale
Commercial
$375,000
0 room(s)
6810 Front, Key West, FL 33040
7 Barcelona Dr, Key West FL 33040 placeholder 7 Barcelona Dr, Key West FL 33040
-$27K (2023/08/24)
For Sale
House
$398,000
1 bds 1 ba 520 sqft
7 Barcelona Dr, Key West FL 33040
719 Chapman Lane, Key West, FL 33040 placeholder 719 Chapman Lane, Key West, FL 33040
93 days
For Sale
House
$2,150,000
4 bds 4 ba 2,108 sqft
719 Chapman Lane, Key West, FL 33040
16 Azalea Dr, Key West FL 33040 placeholder 16 Azalea Dr, Key West FL 33040
101 days
For Sale
House
$1,589,000
3 bds 2 ba 1,997 sqft
16 Azalea Dr, Key West FL 33040

Market Trends nearby