Key West, FL Real Estate Market Summary – September 7, 2026

In Key West, the overall market has seen 23 transactions in the past 30 days, with a median sale price of $1,050,000. The average home sold has a living area of approximately 1,616 square feet and was built around 1972.

Metric 30 Days
Number Sold 23
Sold Per Day 1 every 1.30 days
Average SQFT 1616
Median Sales Price $1,050,000
Average Sales Price $1,487,174
Average Price Per SQFT $879
Average Days on Market 15
Average Year Built 1972

 

Key West, FL Single Family Home Analysis

For single-family homes, there were 15 transactions with a median sale price of $1,550,000. The average living area for these homes is about 1,830 square feet and they were typically built in 1967.

Metric 30 Days
Number Sold 15
Sold Per Day 1 every 2.00 days
Average SQFT 1830
Median Sales Price $1,550,000
Average Sales Price $1,878,400
Average Price Per SQFT $977
Average Days on Market 14
Average Year Built 1967

 

Key West, FL Condo & Townhome Analysis

In the condo and townhome segment, 7 homes were sold with a median price of $599,000. These homes have an average living area of approximately 1,008 square feet, with the majority built around 1983.

Metric 30 Days
Number Sold 7
Sold Per Day 1 every 4.29 days
Average SQFT 1008
Median Sales Price $599,000
Average Sales Price $704,143
Average Price Per SQFT $737
Average Days on Market 18
Average Year Built 1983

 

Buyer & Seller Analysis

  • 23 homes were sold overall, averaging about 1 transaction every 1.3 days.
  • Single-family homes averaged 14 days on the market before closing.
  • Condos and townhomes had an average of 18 days on the market.
  • Median sale prices indicate varying levels of home values across different segments.

Conclusion

Overall, the market in Key West remains active with consistent transactions across different property types. As home prices vary, the data suggests a diverse range of offerings for prospective buyers.

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