Active Listings
394
⇩ 4.1% vs 411 last year
Population: 36,379 · Density: 792.5/mi² · Median household income: $80,069
Typical home value: $765,571 · Homeownership: 47.7%
Data as of January 2026. Source: Realtor.com.
The KEY WEST, FL real estate market (33040) currently shows 394 active listings, with 51 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 86 days on market compared to 66 days last year.
The median listing price has fallen 11.4% year-over-year, from $1,575,000 to $1,395,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 33040 | Key West, FL 33040 | 0.0 mi | 394 | $781,799,228 | $1,395,000 | $1,984,262 |
| 33043 | Big Pine Key, FL 33043 | 25.9 mi | 88 | $116,370,496 | $975,000 | $1,322,392 |
| 33051 | Key Colony Beach, FL 33051 | 46.6 mi | 64 | $127,208,960 | $1,362,500 | $1,987,640 |
| 33036 | Islamorada, FL 33036 | 73.4 mi | 149 | $647,471,156 | $2,574,500 | $4,345,444 |
| 33187 | Miami, FL 33187 | 98.9 mi | 98 | $169,837,822 | $869,000 | $1,733,039 |
| 33194 | Miami, FL 33194 | 104.8 mi | 15 | $10,290,405 | $569,000 | $686,027 |
As of January 2026, there are 394 active listings in KEY WEST, FL (zip code 33040), compared to 411 the prior year.
The median listing price in KEY WEST, FL 33040 is $1,395,000 as of January 2026, a 11.4% decrease from $1,575,000 the prior year.
Homes in KEY WEST, FL 33040 spend an average of 86 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of January 2026, KEY WEST, FL 33040 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in KEY WEST, FL 33040 save an estimated $27,900 compared to a typical 5% commission on the median listing price of $1,395,000. 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.