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Key West Market Report

$2,054,783

AVERAGE PRICE OF 358 HOMES

$1,074,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,593,648

AVERAGE PRICE OF 253 MULTI-MILLION DOLLAR HOMES

$3,303,400

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$2,264,086

AVERAGE PRICE OF 247 HOMES WITH A POOL

$1,707,147

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $2,054,783
Avg Bedrooms 3.06 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $781,680
2 bedrooms $1,125,579
3 bedrooms $2,114,778
4 bedrooms $2,811,085
5 bedrooms $3,770,435
Key West Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 380 378 354 327 275
Average Price $2,064,170 $2,058,538 $2,064,828 $2,107,370 $2,000,888
Avg Price Change +0.27% -0.31% -2.06% +5.32% -0.16%
Median Price $1,514,190 $1,489,856 $1,500,426 $1,550,000 $1,441,025
Med Price Change +1.63% -0.71% -3.30% +7.56% -2.90%
Avg Bedrooms 3.05 beds 3.03 beds 3.05 beds 3.09 beds 2.98 beds
Avg Bathrooms 2.89 baths 2.86 baths 2.85 baths 2.89 baths 2.82 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 358 $2,054,783 123 days
Distressed Homes 1 $1,074,900 160 days
Multi-Million Dollar Homes 253 $2,593,648 133 days
Newly Built Homes 10 $3,303,400 141 days
Homes with a Pool 247 $2,264,086 126 days
Reduced Price Homes 19 $1,707,147 121 days