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Key West Market Report

$1,864,028

AVERAGE PRICE OF 352 HOMES

$695,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,424,986

AVERAGE PRICE OF 235 MULTI-MILLION DOLLAR HOMES

$4,160,333

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$2,052,588

AVERAGE PRICE OF 241 HOMES WITH A POOL

$1,506,143

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $1,864,028
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $755,265
2 bedrooms $1,130,251
3 bedrooms $1,813,262
4 bedrooms $2,482,765
5 bedrooms $3,559,769
Key West Home Price Trends
  11/2025 10/2025 9/2025 8/2025 7/2025
Total Listings 339 306 296 324 359
Average Price $1,842,322 $1,827,277 $1,836,882 $1,853,582 $1,884,619
Avg Price Change +0.82% -0.53% -0.91% -1.67% -1.77%
Median Price $1,303,483 $1,305,483 $1,312,499 $1,349,931 $1,400,211
Med Price Change -0.15% -0.54% -2.85% -3.72% -5.50%
Avg Bedrooms 3.19 beds 3.24 beds 3.29 beds 3.29 beds 3.25 beds
Avg Bathrooms 2.93 baths 2.96 baths 2.95 baths 2.94 baths 2.94 baths
Total Homes Average Price Avg Days on Site
All Homes 352 $1,864,028 132 days
Distressed Homes 1 $695,000 33 days
Multi-Million Dollar Homes 235 $2,424,986 135 days
Newly Built Homes 9 $4,160,333 202 days
Homes with a Pool 241 $2,052,588 122 days
Reduced Price Homes 14 $1,506,143 154 days