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Real Estate Market Trends and Analytics in Key West, FL

In April 2025, Key West, FL homes were selling for an average price of $795,220, Key West, FL homes on average sell after 106 days on the market compared to 83 days last year. There were 15 homes sold in Key West, FL for April 2025, compared to 11 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 $1,635,106 in April 2025, compared to $3,400,912 in April 2024.

Key West, FL Market Trend for Houses

Average List Price
The average list price of houses in Key West, FL, was $1,503,614 in April 2025, compared to $1,295,000 in April 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 $956,333 in April 2025, compared to $976,300 in April 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 April 2025, compared to $0 in April 2024.

Key West, FL Market Trend for Commercial

Average List Price
The average list price of commercial in Key West, FL, was $2,501,100 in April 2025, compared to $10,472,500 in April 2024.

Key West, FL Housing Market Analysis

The average list price in Key West, FL is $1,635,106. The average list price in Key West, FL went down 56.22% from 2024 to 2025. Key West, FL home resale inventories is 28, which increased 300.00% since 2024. The average list price per square foot in Key West, FL is $976. 2024 it was $1,017.
28
for sale
0
for rent
81
sold
Price Range
$2.1K - $12.0M
Avg. SQFT Price
$976
SF Range
646 - 2,660 SF
Beds
1 - 5
Avg. Dom
231 days
Year Built
1923 - 2000

Properties in Key West, FL

1801 Roosevelt, Key West, FL 33040 placeholder 1801 Roosevelt, Key West, FL 33040
5 days
For Sale
Commercial
$229,000
0 room(s)
1801 Roosevelt, Key West, FL 33040
1414 18th, Key West, FL 33040 placeholder 1414 18th, Key West, FL 33040
8 days
For Sale
House
$1,460,000
3 bds 3 ba 1,680 sqft
1414 18th, Key West, FL 33040
3359 Riviera Dr, Key West FL 33040 placeholder 3359 Riviera Dr, Key West FL 33040
13 days
For Sale
House
$995,000
4 bds 2 ba 1,587 sqft
3359 Riviera Dr, Key West FL 33040
3359 Riviera, Key West, FL 33040 placeholder 3359 Riviera, Key West, FL 33040
14 days
For Sale
House
$995,000
4 bds 2 ba 1,587 sqft
3359 Riviera, Key West, FL 33040
1400 Virginia St, Key West FL 33040 placeholder 1400 Virginia St, Key West FL 33040
17 days
For Sale
House
$1,595,000
2 bds 2 ba 1,336 sqft
1400 Virginia St, Key West FL 33040
620 THOMAS STREET UNIT 157 placeholder 620 THOMAS STREET UNIT 157
32 days
For Sale
Condo/Co-op
$930,000
2 bds 1 ba 646 sqft
620 THOMAS STREET UNIT 157
1801 Roosevelt, Key West, FL 33040 placeholder 1801 Roosevelt, Key West, FL 33040
49 days
For Sale
Commercial
$299,000
0 room(s)
1801 Roosevelt, Key West, FL 33040
508 Grinnell, Key West, FL 33040 placeholder 508 Grinnell, Key West, FL 33040
50 days
For Sale
House
$2,800,000
3 bds 3 ba 2,049 sqft
508 Grinnell, Key West, FL 33040

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