In September 2026, the median home sale price in Key West, FL was $744,450, with homes selling in an average of 280 days — slower than the 138-day average last year, suggesting buyers have more negotiating room. A total of 24 homes sold in this period, up from 15 last year — a sign of an active market.
The median list price of condos/co-ops in Key West, FL, was $1,799,000 in September 2026, compared to $1,000,000 in September 2025.
Key West, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Key West, FL, was $192,450 in September 2026, compared to $237,000 in September 2025.
Key West, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Key West, FL, was $1,037,500 in September 2026, compared to $0 in September 2025.
Key West, FL Housing Market Analysis
There are currently 19 homes listed for sale in Key West, FL, an increase of 26.67% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,760,468 (down 13.29% year-over-year), and the average price per square foot is $1,066 compared to $1,066 in 2025. Properties spend an average of 186 days on the market before going under contract.
