Housing Prices in Key West, FL
How much do homes in Key West, FL cost?
Median List Price
$1,149,900
$1,153/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Key West was $1,149,900 in May 2024, up 39.8% from the previous year, and the median price per square foot was $1,153.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $695K | $610K | -12.2% |
2 Bedrooms | $752.5K | $978.5K | +30.0% |
3 Bedrooms | $949.2K | $1.3M | +40.4% |
4 Bedrooms | $1.9M | $1.9M | 0.0% |
5+ Bedrooms | $2.1M | $3.5M | +65.0% |
Summary: Key West housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 40.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 65%.
Housing Supply in Key West, FL
How many homes are available in Key West, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Summary: The Key West real estate market had 17 homes for sale in May 2024, a 5.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Key West housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Key West, FL
How long does it take to sell a home in Key West, FL?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
345 Days | 241 Days | -30.0% |
Summary: Homes in Key West had an average listing age of 241 days in May 2024, down by 30% compared to the previous year.