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Text (352) 352-5665Key West, FL · Houses & Market Data
Key West, Florida houses and real estate market data.
Houses in Key West, FL (Monroe County) — Census median home value $816,300, county listing prices down about 7.7% over the past year. Market data for Key West houses and the broader area.
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Key West, FL is in Monroe County, Florida — this guide covers houses in Key West and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 25,824, with a median household income of $78,532. Census data puts Key West houses at a median value of $816,300 (all owner-occupied homes); Monroe County's current median listing price runs $1,199,000, down about 7.7% over the past year.
Info from government sites and builders may have provided source info.
Market overview
Key West housing market
Key West is in Monroe County, Florida. Manifest Census and county price-trend data provide baseline context for houses in Key West and the surrounding county market.
Median home value (Census ACS)
$816,300
Population (Census ACS)
25,824
Median household income
$78,532
County price trend (2025)
2.11% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Key West market snapshot
Population
25,824
County
Monroe County
Median Household Income
$78,532
Median Home Value (city)
$816,300
Median Listing Price (Monroe County)
$1,199,000
Median Gross Rent
$2,075/mo
Price Trend (YoY)
-7.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Key West different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Key West's median home value — across all owner-occupied homes, not just recent sales — at $816,300. Separately, Monroe County's current median listing price (via Realtor.com data, 2026-06-01) runs $1,199,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Monroe County's FHFA house price index shows a 2.11% annual change in 2025.
Population & Income
Key West has an estimated population of 25,824 and a median household income of $78,532, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Key West's Census-reported median home value works out to about 10.4x the area's median household income, and median gross rent runs roughly 32% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Key West
County guide: Monroe County — cities, market context, and local resources for the county that includes Key West.
USAHouses.com also helps visitors looking in nearby Monroe County and other Florida communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Stock Island, Big Coppitt Key, Cudjoe Key, Big Pine Key, Marathon, Key Colony Beach, Duck Key, Layton, Islamorada, Village of Islands, Tavernier, Key Largo, North Key Largo.
Stock Island market data
Nearby city · ~2.2 mi
Big Coppitt Key market data
Nearby city · ~7.8 mi
Cudjoe Key market data
Nearby city · ~19.0 mi
Big Pine Key market data
Nearby city · ~27.2 mi
Marathon market data
Nearby city · ~48.5 mi
Key Colony Beach market data
Nearby city · ~48.6 mi
Duck Key market data
Nearby city · ~56.2 mi
Layton market data
Nearby city · ~63.1 mi
Islamorada, Village of Islands market data
Nearby city · ~82.5 mi
Tavernier market data
Nearby city · ~86.1 mi
Key Largo market data
Nearby city · ~93.8 mi
North Key Largo market data
Nearby city · ~103.0 mi
More Florida cities with market guides: St. Petersburg, Hialeah, Fort Lauderdale, Pembroke Pines, Hollywood, Gainesville, Miramar, Coral Springs.
St. Petersburg market data
Same-state city guide
Hialeah market data
Same-state city guide
Fort Lauderdale market data
Same-state city guide
Pembroke Pines market data
Same-state city guide
Hollywood market data
Same-state city guide
Gainesville market data
Same-state city guide
Miramar market data
Same-state city guide
Coral Springs market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Chokoloskee (~90.1 mi), Plantation Island (~92.1 mi), Everglades (~92.6 mi), Goodland (~94.3 mi), Marco Island (~94.6 mi), Marco Shores-Hammock Bay (~99.0 mi), Florida City (~102.0 mi), Winding Cypress (~103.6 mi), Homestead (~104.1 mi), Verona Walk (~105.3 mi), Naples Manor (~105.4 mi), Leisure City (~105.6 mi), Lely Resort (~105.9 mi), Lely (~106.5 mi), Naranja (~107.2 mi), Homestead Base (~107.9 mi).
New construction: New homes near Key West (Apopka) · New homes near Key West (Belleview) · Florida new construction.
Census & home facts
Key West data from published sources
Population (ACS 2023)
25,824
Median home value (ACS 2023)
$816,300
Median household income (ACS 2023)
$78,532
Median gross rent (ACS 2023)
$2,075
County FHFA annual change (2025)
2.11%
County median listing price (FRED/Realtor.com) (2026-06-01)
$1,199,000
Census place type
city
County
Monroe County
Land area (Census Gazetteer 2024)
5.60 sq mi
Census GEOID
1236550
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Key West
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Pelican Motel Rv Resort ↗
Champion Homes · Marathon, Florida · ~48.5 mi
Pineland Crest ↗
Lennar · Miami, Florida · ~99.9 mi · from $343,990
Sunscapes ↗
Lennar · Florida City, Florida · ~100.1 mi · from $407,990
Juniper Cove ↗
D.R. Horton · Homestead, Florida · ~100.3 mi · from $404,990
Hadley Place ↗
D.R. Horton · Florida City, Florida · ~100.5 mi · from $371,990
Local life
Life in Key West
Schools
MONROE — 24 schools, 8,929 students enrolled, per the U.S. Department of Education's Common Core of Data. Monroe addresses may be served by MONROE, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Key West FAQ
What are houses worth in Key West, FL?
The Census Bureau's American Community Survey puts the median value of houses in Key West at $816,300. Monroe County's current median listing price runs $1,199,000, down about 7.7% over the past year.
How much do houses cost in Key West, FL?
For owner-occupied houses in Key West, Census ACS data shows a median value of $816,300. Active listing prices in Monroe County may differ — see the market snapshot above.
What types of houses are in Key West, FL?
Key West houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Monroe County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Key West, FL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Key West's population at approximately 25,824.
What's the median rent in Key West, FL?
The Census ACS estimates median gross rent in Key West at approximately $2,075 per month.
What is the median household income in Key West, FL?
Census ACS data puts the median household income in Key West at approximately $78,532.
Is the Key West housing market growing?
Monroe County's FHFA house price index shows a 2.11% annual change in 2025.
Is Key West, FL affordable relative to income?
Census ACS data puts Key West's median home value at about 10.4 times the median household income, with median gross rent equal to roughly 32% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Key West, FL?
Manifest and public school-directory data suggest MONROE for many Key West addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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