Home ValuePros

Market Intelligence · FL / Monroe County

Key West, FL housing market

1 ZIP market liveData updated August 2026Typical value$949K1-yr changeDown0.9%

The median home value in Key West, FL is $949K as of August 2026, down 0.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Key West, by the numbers.

Typical home valueZillow ZHVI, August 2026
$949K
1-yr changeMedian across Key West ZIPs
-0.9%
ZIP markets live3 tracked in Key West
1
County
Monroe County

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12-month value trend

-0.9% over 12 months

Typical home value in Key West over the last 12 months: $958K in Aug 2025 to $949K in Aug 2026 (-0.9%).

Aug 2025$958K

Aug 2026$949K

Median Zillow home value index across Key West's ZIP codes.

Context

Key West's typical home is valued at $949,386 by Zillow as of August 2026, a 12-month move of -0.9%. Turning to what is for sale, Realtor.com counts 276 homes on the market, 40 newly listed, and a median asking price of $1,149,000 as of August 2026. Listings sit a median 111 days before selling, with 18.4% of active homes cutting their price. Taken together, the numbers describe a cooling market where pricing discipline is deciding which homes sell.

The numbers

What is the housing market like in Key West, FL?

Typical home value

$949K

Down0.9%YoY

Median list price

$1.15M

Days on market

111

Homes for sale

276

Price cuts

18.4%

New listings

40

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Key West's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Key West?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 3 Key West ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Key West?

Top real estate agents in Key West, FL

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Nearby markets

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