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Key West Market Report

$1,920,662

AVERAGE PRICE OF 406 HOMES

$2,500,134

AVERAGE PRICE OF 271 MULTI-MILLION DOLLAR HOMES

$4,115,375

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$2,127,738

AVERAGE PRICE OF 283 HOMES WITH A POOL

$1,613,759

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $1,920,662
Avg Bedrooms 3.13 beds
Avg Bathrooms 2.88 baths

Average Price by Bedrooms

1 bedroom $786,754
2 bedrooms $1,107,736
3 bedrooms $1,872,091
4 bedrooms $2,934,848
5 bedrooms $3,189,964
Key West Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 379 352 339 306 296
Average Price $1,914,786 $1,877,664 $1,842,322 $1,827,277 $1,836,882
Avg Price Change +1.98% +1.92% +0.82% -0.53% -0.91%
Median Price $1,397,702 $1,326,233 $1,303,483 $1,305,483 $1,312,499
Med Price Change +5.39% +1.75% -0.15% -0.54% -2.85%
Avg Bedrooms 3.21 beds 3.21 beds 3.19 beds 3.24 beds 3.29 beds
Avg Bathrooms 2.95 baths 2.94 baths 2.93 baths 2.96 baths 2.95 baths
Total Homes Average Price Avg Days on Site
All Homes 406 $1,920,662 129 days
Multi-Million Dollar Homes 271 $2,500,134 123 days
Newly Built Homes 8 $4,115,375 130 days
Homes with a Pool 283 $2,127,738 124 days
Reduced Price Homes 27 $1,613,759 126 days