Neighborhood · Key West, Florida
New Town
Practical island living where locals actually put down roots
1
Homes for sale
$599,000
Median list price
$560
Avg price / sqft
1
Median days on market
New Town is the workaday side of Key West, sitting up the island from the tourist crush of Old Town where families and year-round residents settle in. It's the part of the island where you're closer to schools like Horace O'Bryant School and Poinciana Elementary School, with the everyday errands and shopping that keep island life functional. If you want to live in Key West rather than vacation there, this is the neighborhood that makes sense.
The market here is tight and moves fast — right now there's a single active listing among Key West homes for sale, priced at $599,000, and homes that hit the market don't sit around, with a median of just one day before going under contract. Over the past year only two homes sold, at a median of $785,000, and sellers pulled in about 96% of their asking price. Check the live map to see what's available, because in a neighborhood this small, timing is everything.
New Town is a community in Key West, Florida.
Quick facts
$599,000 – $599K price range
1,069 sqft median home
$662/mo median HOA
$2,500/mo median rent
2 sold in 12 months
On the market now
Homes for sale in New Town
Every active listing inside the New Town boundary
Open full map search →Find your fit
Browse New Town
By feature — on the live map
The numbers that matter
The New Town market
2
Sold, last 12 months
$785,000
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
66 days
Median time to sell
New Town vs Key West
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 17.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the New Town boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools New Town is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median New Town 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.
$662/mo
Median HOA
From current listings inside the boundary
$2,500/mo
Median rent
Homes for rent inside the boundary
Population
8,752
Median age
46
Median income
$72,506
Median home value
$664,324
Beyond the listings
Living in New Town
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.
Culture
Top 14% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Lifestyles
Top 19% 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.
Hobbies & Interests
Top 20% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Entertainment
Top 21% 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.
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.
Straight answers
New Town FAQs
Is New Town a good place to live?+
New Town is Key West's practical, residential side, favored by locals over the tourist-heavy Old Town. It's zoned for Key West High School, Horace O'Bryant School, and Poinciana Elementary School, making it a natural fit for families who want island life without the vacation-rental churn.
Is New Town expensive?+
It's more attainable than Key West's premium waterfront addresses, but this is still the Florida Keys. The one active listing is priced at $599,000, while the two homes sold over the past year had a median price of $785,000.
What do homes cost in New Town?+
The current active listing sits at $599,000, or roughly $560 per square foot on a median home size around 1,069 square feet. Recent sales came in higher, at a median of $785,000, reflecting how thin and variable the inventory is here.
How is the New Town market right now?+
It's a fast, low-inventory market — there's just one home for sale on the live map, and listings tend to move in about a day. With sellers averaging 96% of asking, buyers need to be ready to act when something fits.
What about HOA fees and property taxes?+
Expect a median HOA around $662 per month and median property taxes near $4,520 per year in New Town. If you're weighing a rental instead, the median rent runs about $2,500 per month.
Neighborhood boundary by edgeAI; listings matched to the polygon. 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.
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