Data as of July 2026. Source: Realtor.com.
The KEY WEST, FL real estate market (33040) currently shows 356 active listings, with 57 pending sales. Homes are averaging 103 days on the market before going under contract.
Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.
Homes are selling faster, averaging 103 days on market compared to 114 days last year.
The median listing price has fallen 18.8% year-over-year, from $1,491,250 to $1,211,000.
Whether you are buying or selling in KEY WEST, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 36,379 · Density: 792.5/mi² · Median household income: $80,069
Typical home value: $765,571 · Homeownership: 47.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 33040 | Key West, FL 33040 | 0.0 mi | 443 | $848,800,404 | $1,357,250 | $1,916,028 |
| 33043 | Big Pine Key, FL 33043 | 25.9 mi | 103 | $130,610,901 | $939,000 | $1,268,067 |
| 33051 | Key Colony Beach, FL 33051 | 46.6 mi | 73 | $145,649,308 | $1,418,750 | $1,995,196 |
| 33036 | Islamorada, FL 33036 | 73.4 mi | 148 | $653,042,896 | $2,550,000 | $4,412,452 |
| 33187 | Miami, FL 33187 | 98.9 mi | 109 | $202,125,894 | $910,750 | $1,854,366 |
| 33194 | Miami, FL 33194 | 104.8 mi | 16 | $12,105,856 | $735,750 | $756,616 |
As of July 2026, there are 356 active listings in KEY WEST, FL (zip code 33040), compared to 324 the prior year.
The median listing price in KEY WEST, FL 33040 is $1,211,000 as of July 2026, a 18.8% decrease from $1,491,250 the prior year.
Homes in KEY WEST, FL 33040 spend an average of 103 days on the market before going under contract, compared to 114 days the prior year.
Based on current inventory and days-on-market data as of July 2026, KEY WEST, FL 33040 is currently a Balanced Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are selling faster, averaging 103 days on market compared to 114 days last year.
With SELL123.com's maximum 3% commission, sellers in KEY WEST, FL 33040 save an estimated $24,220 compared to a typical 5% commission on the median listing price of $1,211,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.