Key West Real Estate Market

Key West Market

The median sale price for homes in Key West over the last 12 months is $327,300.


The median mortgage debt is $184,131.

Additional Statistics for Single Family Homes and Condos in Key West, FL
$607,440
Median Listing Price
163
Median Days on Market
1038
Active Listings
11.2%
Distressed Listings
(foreclosures and short sales)
Key West, FL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Key West is $740,000. The list prices dropped by -1.32% from the previous month.

The price per square foot for listings in this area is $495.

The median sale price in December for single family homes is $355,000. The sale prices increased by 57.49% from the previous month.

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Key West, FL Market Inventory Trends

The number of active listings in Key West dropped by 7.7% from the previous month.

The median number of days active properties have been listed is 139.

The number of sales in December dropped by 45.5% from the previous month.

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Key West, FL Property Ownership

Key West has a high % of unoccupied properties. It is 16.59% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Key West is 25.56% below the national average.

The percent of rental properties in Key West is 11.77% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.