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Key West Market Report

$1,912,926

AVERAGE PRICE OF 431 HOMES

$1,494,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,412,707

AVERAGE PRICE OF 300 MULTI-MILLION DOLLAR HOMES

$3,602,385

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$2,078,764

AVERAGE PRICE OF 287 HOMES WITH A POOL

$1,772,200

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $1,912,926
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $799,130
2 bedrooms $1,183,601
3 bedrooms $1,867,126
4 bedrooms $2,573,787
5 bedrooms $3,351,529
Key West Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 430 408 381 348 314
Average Price $1,958,703 $2,005,491 $1,993,881 $2,004,808 $2,020,201
Avg Price Change -2.39% +0.58% -0.55% -0.77% +0.98%
Median Price $1,537,431 $1,597,539 $1,594,035 $1,564,167 $1,567,672
Med Price Change -3.91% +0.22% +1.91% -0.22% +0.29%
Avg Bedrooms 3.15 beds 3.19 beds 3.19 beds 3.24 beds 3.27 beds
Avg Bathrooms 2.88 baths 2.88 baths 2.86 baths 2.9 baths 2.94 baths
Total Homes Average Price Avg Days on Site
All Homes 431 $1,912,926 116 days
Distressed Homes 3 $1,494,633 106 days
Multi-Million Dollar Homes 300 $2,412,707 118 days
Newly Built Homes 13 $3,602,385 161 days
Homes with a Pool 287 $2,078,764 117 days
Reduced Price Homes 24 $1,772,200 110 days

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