Key West, FL housing market
The typical Key West home is worth about $1,007,000, down 0.7% in a year, 168% above the Florida typical home. Homes typically sell in 167 days, below asking.
Home values, sales, trends and how Key West compares with the towns next door — updated as new data is published.
Key West at a glance
A buyer's market
More homes are for sale than are selling — about 6 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Key West | Florida |
|---|---|---|
| 2017 | $601,000 | $209,000 |
| 2018 | $656,000 | $226,000 |
| 2019 | $667,000 | $242,000 |
| 2020 | $678,000 | $253,000 |
| 2021 | $732,000 | $276,000 |
| 2022 | $874,000 | $340,000 |
| 2023 | $1,030,000 | $392,000 |
| 2024 | $1,092,000 | $402,000 |
| 2025 | $1,057,000 | $397,000 |
| 2026 | $1,001,000 | $377,000 |
| August 2026 | $1,007,000 | $376,000 |
Key West and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Key West | $1.01M | −0.7% | 167 | $87,037 |
| Stock Island | $662K | +0.5% | — | $65,515 |
11.6 years of income
The typical Key West home costs about 11.6 years of the town's median household income, more than across Florida (5 years).
How Key West ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Key West
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.