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Real Estate Market Trends and Analytics in Key West, FL

In February 2025, Key West, FL homes were selling for an average price of $1,021,665, Key West, FL homes on average sell after 104 days on the market compared to 72 days last year. There were 17 homes sold in Key West, FL for February 2025, compared to 14 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 $1,848,771 in February 2025, compared to $2,720,329 in February 2024.

Key West, FL Market Trend for Houses

Average List Price
The average list price of houses in Key West, FL, was $1,859,440 in February 2025, compared to $5,800,000 in February 2024.

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 $876,333 in February 2025, compared to $807,550 in February 2024.

Key West, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Key West, FL, was $285,700 in February 2025, compared to $0 in February 2024.

Key West, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Key West, FL, was $2,786,250 in February 2025, compared to $8,950,000 in February 2024.

Key West, FL Housing Market Analysis

The average list price in Key West, FL is $1,848,771. The average list price in Key West, FL went down 48.72% from 2024 to 2025. Key West, FL home resale inventories is 24, which increased 242.86% since 2024. The average list price per square foot in Key West, FL is $1,047. 2024 it was $776.
24
for sale
0
for rent
76
sold
Price Range
$2.1K - $12.0M
Avg. SQFT Price
$1,047
SF Range
575 - 4,370 SF
Beds
1 - 5
Avg. Dom
234 days
Year Built
1898 - 2000

Properties in Key West, FL

1801 Roosevelt, Key West, FL 33040 placeholder 1801 Roosevelt, Key West, FL 33040
4 days
For Sale
Commercial
$239,000
0 room(s)
1801 Roosevelt, Key West, FL 33040
2119 Flagler Ave, Key West, FL 33040 placeholder 2119 Flagler Ave, Key West, FL 33040
7 days
For Sale
House
$947,000
2 bds 2 ba 1,030 sqft
2119 Flagler Ave, Key West, FL 33040
5555 COLLEGE ROAD UNIT B5 placeholder 5555 COLLEGE ROAD UNIT B5
12 days
For Sale
Lots/Land
$525,000
0 room(s)
5555 COLLEGE ROAD UNIT B5
E33 12th Ave, Key West FL 33040 placeholder E33 12th Ave, Key West FL 33040
15 days
For Sale
House
$795,000
3 bds 3 ba 1,136 sqft
E33 12th Ave, Key West FL 33040
3314 Northside Dr # 53, Key West FL 33040 placeholder 3314 Northside Dr # 53, Key West FL 33040
-$35K (2025/02/01)
For Sale
Townhouse
$690,000
3 bds 2 ba 1,270 sqft
3314 Northside Dr # 53, Key West FL 33040
708 WILLIAM STREET placeholder 708 WILLIAM STREET
23 days
For Sale
House
$3,700,000
5 bds 3 ba 2,550 sqft
708 WILLIAM STREET
5555 College Rd, Key West FL 33040 placeholder 5555 College Rd, Key West FL 33040
23 days
For Sale
Lots/Land
$2,100
0 room(s)
5555 College Rd, Key West FL 33040
27 Riviera Dr, Key West FL 33040 placeholder 27 Riviera Dr, Key West FL 33040
30 days
For Sale
House
$825,000
2 bds 2 ba 1,200 sqft
27 Riviera Dr, Key West FL 33040

Market Trends nearby