Homes for sale in
Key West, Florida
Island living at the end of the road
1
Homes for sale
$599,000
Median list price
$560
Avg price / sqft
1
Median days on market
Key West sits at the southern tip of the Florida Keys, a place where the pace slows down and the water is never far from view. It's a walkable, sun-soaked island town with deep maritime roots, and life here tends to revolve around the outdoors as much as any four walls. Buyers drawn to Monroe County come for the lifestyle first, but they still want the numbers to make sense.
Right now the market is genuinely tight — there's just one active listing on the books, priced at $599,000, so inventory moves fast when it appears. Over the last 12 months 15 homes changed hands at a median sold price of $769,000, with sellers pulling in about 95% of their asking price. If you're serious, it pays to watch the new construction coming online and set up alerts for anything just reduced.
Key West is in Monroe County, Florida.
Within a 30-minute drive
Quick facts
$599,000 – $599K price range
1,069 sqft median home
Fresh on the market
Newest homes in Key West
View all 1 homes →
$599,000
3930 S ROOSEVELT BOULEVARD UNIT S303, KEY WEST
3 bd · 2 ba · 1,069 sqft
$2,685,000
1316 Royal Street # 6, Key West FL 33040, KEY WEST
4 bd · 4.5 ba · 2,160 sqft
$899,000
2330 Staples ave, Key West FL 33040, KEY WEST
1 bd · 1 ba
$899,000
2311 Patterson ave, Key West FL 33040, KEY WEST
3 bd · 2 ba
$640,000
4 Shore Drive, Key West FL 33040, KEY WEST
2 bd · 2 ba · 1,010 sqft
$799,000
1425 Eliza Street, Key West FL 33040, KEY WEST
3 bd · 1 ba · 1,342 sqft
$4,375,000
231 E Shore Drive Unit 6, Key West FL 33040, KEY WEST
5 bd · 5.5 ba · 4,103 sqft
$1,100,000
414 Virginia Street, Key West FL 33040, KEY WEST
3 bd · 2 ba · 1,344 sqft
$2,595,000
508 Grinnell Street, Key West FL 33040, KEY WEST
3 bd · 3 ba · 2,049 sqft
$1,799,000
1011 Simonton Street # 1, Key West FL 33040, KEY WEST
3 bd · 2.5 ba · 1,600 sqft
1 of 1 active listings shown
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Property features
Where the market lives
The numbers that matter
The Key West market
15
Sold, last 12 months
$769,000
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
138 days
Median time to sell
Key West vs Monroe County
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 20.1% yr/yr
Homes on the market
Homes sold per month
Live Stellar MLS data — listings and closed sales in Key West, FL. Rolling medians smooth single-month swings in thin markets.
Where to look
Key West neighborhoods
Show all 17 Key West neighborhoods A–ZHide the full neighborhood list+
Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.
For the school run
School zones with homes for sale
Homes matched to official attendance boundaries — always verify zoning with the district.
Beyond the listings
Living in Key West
End-of-the-road island town
Key West is the southernmost city in the continental U.S., a compact, walkable island at the tip of the Florida Keys.
Fast-moving, low-inventory market
With a single active listing and a median of just 1 day on market, homes here don't sit around waiting for buyers.
Condo-driven inventory
The current active supply is entirely condominiums, so buyers should be ready to weigh HOA costs into the picture.
Strong seller leverage
Sellers have averaged 95% of asking over the past year, a sign that priced-right listings close near the number.
New construction on the way
Two [new construction](/area/key-west-fl/new-construction) properties are in the mix, offering an alternative to the island's older housing stock.
Population
25,824
Median age
46.5
Median income
$78,532
Median home value
$816,300
What people here are into
Hobbies & Interests
Top 2% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Lifestyles
Top 16% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Entertainment
Top 19% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Entertainment
Top 20% in the U.S.Live & Local Music
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Hobbies & Interests
Top 21% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
On the calendar
Near Key West
Jul
14
Tue
Summer ArtCamp: Mixed Media Sea Creatures
09:00
Explore your creativity with a five-day art camp focused on the vibrant sea life of the Florida Keys. You'll work with paint, collage, and texture tools to bring your fav…
Jul
20
Mon
Summer ArtCamp: The Art of Dessert
09:00
This five-day camp invites young artists to explore painting and mixed-media techniques inspired by local desserts and confections. You will experiment with textures and…
Jul
21
Tue
Hemingway Days & Hemingway Look-Alike Contest
Key West comes alive with Hemingway Days, a spirited five-day festival celebrating the life, legacy, and island era of Ernest “Papa” Hemingway. The event blends literary…
Jul
22
Wed
Hemingway Days
Hemingway Days in Key West, Florida, is a literary celebration like no other, drawing in avid fans of the iconic author from around the world. This annual event features…
Jul
23
Thu
Happy Hour with the Historian: Following the Fish (Hemingway)
17:00
Ernest Hemingway's passion for game fishing in the Florida Keys is the focus of this historical lecture. You'll learn about his fishing adventures and conservation effort…
Jul
25
Sat
Hemingway 5K Sunset Run
7:30pm
The Hemingway 5K Sunset Run in Key West, Florida, is a lively annual event that celebrates the island’s literary heritage and tropical spirit. Participants start at the i…
What it really costs
Owning here
Owning the median Key West home
≈ $4,405/mo
$599,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
100%
In a FEMA flood zone
Ask about flood insurance early — it changes the payment
Straight answers
Key West real estate FAQs
Is Key West a good place to live?+
It depends on the life you want — Key West is a walkable island town with a strong outdoor and maritime culture, which is a big part of why buyers keep coming to Monroe County. The school most commonly assigned here is Horace O'Bryant School. It's a lifestyle-first choice rather than a commuter-suburb one.
Is Key West expensive?+
Yes, by most standards it's a premium market. The median sold price over the past year was $769,000, and the average price per square foot runs about $560 on a median home size of just 1,069 square feet. You're paying island prices for compact space.
What do homes cost in Key West?+
The single active listing is priced at $599,000, while sold homes over the last 12 months came in at a median of $769,000. Current inventory is all condominiums, so if you want single-family homes you'll need to move quickly when they list.
How is the Key West market right now?+
It's tight and fast. There is only one active listing, the median days on market is just 1, and 15 homes sold over the past year with sellers averaging 95% of asking. Setting alerts for open houses this week is smart in a market this thin.
What about HOA fees and property taxes?+
Since current inventory leans toward condos, HOA costs matter — the median HOA here runs about $662 per month. The median property tax is roughly $4,520 per year, so factor both into your monthly budget alongside any new construction you're considering.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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