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Key West Market Report

$1,978,968

AVERAGE PRICE OF 285 HOMES

$2,483,512

AVERAGE PRICE OF 201 MULTI-MILLION DOLLAR HOMES

$3,942,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$2,226,112

AVERAGE PRICE OF 175 HOMES WITH A POOL

$1,537,917

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $1,978,968
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $835,000
2 bedrooms $1,180,602
3 bedrooms $1,792,814
4 bedrooms $2,518,937
5 bedrooms $5,206,125
Key West Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 317 338 349 354 380
Average Price $1,967,008 $1,983,051 $2,035,493 $2,071,939 $2,064,170
Avg Price Change -0.82% -2.64% -1.79% +0.38% +0.27%
Median Price $1,498,692 $1,498,071 $1,498,050 $1,505,182 $1,514,190
Med Price Change +0.04% +0.00% -0.48% -0.60% +1.63%
Avg Bedrooms 3.12 beds 3.11 beds 3.14 beds 3.05 beds 3.05 beds
Avg Bathrooms 2.85 baths 2.84 baths 2.89 baths 2.87 baths 2.89 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 285 $1,978,968 139 days
Multi-Million Dollar Homes 201 $2,483,512 142 days
Newly Built Homes 4 $3,942,500 234 days
Homes with a Pool 175 $2,226,112 139 days
Reduced Price Homes 12 $1,537,917 92 days