Key West, FL

Buyer's market-14.3% YoY

Housing market overview · Updated weekly

$1.00Mmedian sale price

Homes sold

25

Last 12 weeks

Days on market

102

Average pace

Active listings

337

13.5 months supply

Sale-to-list

93.7%

Below asking

The Key West housing market is currently classified as a buyer's market with a median sale price of $1.00M. Prices have fallen 14.3% compared to last year, with homes spending an average of 102 days on market, indicating 13.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Key West

There are currently 337 homes listed for sale in Key West, Florida. The median listing price is $1.3M.

Active listings

337

Homes on market

Median list price

$1.3M

Avg. days on market

102

Days until sale

New this week

59

Newly listed

Price drops:30.6%of listings
Sale-to-list:93.7%

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Frequently asked questions

What is the average home price in Key West?

The median home sale price in Key West is $1.00M, down 14.3% from last year.

How long do homes stay on market in Key West?

Homes typically spend 102 days on market before going under contract.

Is Key West a buyer's or seller's market?

With 13.5 months of supply, Key West is currently a buyer's market.

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