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Key West Housing Market

$932,868

5.2% 1-yr

The average Key West home value is $932,868, down 5.2% over the past year and goes to pending in around 98 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Key West Key Takeaways

Typical Home Values: $932,868

1-year Value Change: -5.2%

(Data through November 30, 2025)

Key West Housing Market Overview

2.3%1-year Market Forecast(November 30, 2025)
1,299For sale inventory(November 30, 2025)
198New listings(November 30, 2025)
0.948Median sale to list ratio(October 31, 2025)
$958,333Median sale price(October 31, 2025)
$1,173,000Median list price(November 30, 2025)
3.8%Percent of sales over list price(October 31, 2025)
89.6%Percent of sales under list price(October 31, 2025)
98Median days to pending(November 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Long Key

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Key West Rental Market Trends

$3,471Average rent in Key West(November 30, 2025)
$1,925National average rent(November 30, 2025)
-0.5%Month-over-month change(November 30, 2025)
0.0%Year-over-year change(November 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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