Key West, FL home prices
Key West, FL is flat, a premium-priced area.
Momentum+0.5%Flat
Vs typical+191%Premium
Rental yield4.0%Low yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2016: $619,193 → today: $1,028,281 (1.7×)
Typical home value
$1,028,281
Zillow ZHVI
Since 2016
+66.1%
Rank in FL
#30
of 561 cities
Median rent
$3,387/mo
4.0% gross yield
Market read
At $1,028,281, homes in Key West are 191% above the typical FL city ($353,291), ranking #30 of 561 we track in the state.
Prices are up 0.5% over the last year.
Key West sits in Monroe County — see the full county market data →
Home value history
Zillow Home Value Index, yearly.
Other cities in Florida
Jupiter Island · Golden Beach · Fisher Island · Lake Buena Vista · Jupiter Inlet Colony · Manalapan
Frequently asked questions
What is the average home price in Key West, FL?
The typical Key West, FL home is worth $1,028,281 — 191% above the typical Florida city ($353,291).
Are home prices in Key West rising?
Key West home values have risen +66.1% since 2016, and moved +0.5% in the last year.
What is the rental yield in Key West?
Median rent is $3,387/mo, a gross yield of about 4.0%.
What county is Key West in?
Key West is in Monroe County, where you can see full county market data.
| Year | Key West, FL home value |
|---|---|
| 2016 | $619,193 |
| 2017 | $664,720 |
| 2018 | $677,916 |
| 2019 | $685,078 |
| 2020 | $740,565 |
| 2021 | $869,547 |
| 2022 | $1,057,029 |
| 2023 | $1,112,260 |
| 2024 | $1,086,401 |
| 2025 | $1,022,667 |
| 2026 | $1,028,281 |