In October 2026, the median home sale price in Key West, FL was $999,999, with homes selling in an average of 685 days — slower than the 361-day average last year, suggesting buyers have more negotiating room. A total of 5 homes sold in this period, up from 2 last year — a sign of an active market.
The median list price of condos/co-ops in Key West, FL, was $1,344,000 in October 2026, compared to $1,399,500 in October 2025.
Key West, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Key West, FL, was $235,000 in October 2026, compared to $249,000 in October 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 October 2026, compared to $0 in October 2025.
Key West, FL Housing Market Analysis
There are currently 13 homes listed for sale in Key West, FL, an increase of 116.67% 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 $1,568,538 (down 15.35% year-over-year), and the average price per square foot is $1,066 compared to $1,066 in 2025. Properties spend an average of 244 days on the market before going under contract.
