In June 2026, the median home sale price in Key West, FL was $962,500, with homes selling in an average of 186 days — slower than the 89-day average last year, suggesting buyers have more negotiating room. A total of 20 homes sold in this period, up from 13 last year — a sign of an active market.
The median list price of condos/co-ops in Key West, FL, was $1,399,500 in June 2026, compared to $1,399,500 in June 2025.
Key West, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Key West, FL, was $272,000 in June 2026, compared to $257,450 in June 2025.
Key West, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Key West, FL, was $3,362,000 in June 2026, compared to $7,999,000 in June 2025.
Key West, FL Housing Market Analysis
There are currently 21 homes listed for sale in Key West, FL, an increase of 110.00% 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 $1,900,309 (down 31.91% year-over-year), and the average price per square foot is $1,036 compared to $1,143 in 2025. Properties spend an average of 444 days on the market before going under contract.
