Home Values

Key West Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$448,400

  • 11.6% 1-year change
  • None 1-year forecast

The median home value in Key West Metro is $448,400. Key West Metro home values have gone up 11.6% over the past year. The median price of homes currently listed in Key West Metro is $525,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Key West Metro is 18.8%, which is higher than the national value of 6.9%.

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Relative ZHVI
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Key West Metro Market Overview

Data through Aug 31, 2014
  • $448,400 ZHVI
  • No data 1-yr forecast
  • $525,000 Median listing price
  • No data Median sale price
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Key West Metro Market Health

Data through Aug 31, 2014
  • 3.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No recent data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • 18.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Key West Metro

Name Median ZHVI
Islamorada $631,900
Key West $490,200
Summerland Key $481,500
Name Median ZHVI
Key Largo $455,600
Big Coppitt Key $406,500
Tavernier $384,600
Name Median ZHVI
Marathon $374,600
Big Pine Key $341,100
Stock Island $310,500

Listings & Sales

Data through Aug 31, 2014
  • $388 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 23.8% Listings with price cut
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Key West Metro Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $2,864 Key West Metro
    $1,408 Florida
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $2.17 Rent list price / sq ft
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