Data as of June 2026. Source: Realtor.com.
The KEY WEST, FL real estate market (33040) currently shows 384 active listings, with 66 pending sales. Homes are averaging 101 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 101 days on market compared to 104 days last year.
The median listing price has fallen 18.3% year-over-year, from $1,500,000 to $1,226,000.
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 June 2026, there are 384 active listings in KEY WEST, FL (zip code 33040), compared to 352 the prior year.
The median listing price in KEY WEST, FL 33040 is $1,226,000 as of June 2026, a 18.3% decrease from $1,500,000 the prior year.
Homes in KEY WEST, FL 33040 spend an average of 101 days on the market before going under contract, compared to 104 days the prior year.
Based on current inventory and days-on-market data as of June 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 101 days on market compared to 104 days last year.
With SELL123.com's maximum 3% commission, sellers in KEY WEST, FL 33040 save an estimated $24,520 compared to a typical 5% commission on the median listing price of $1,226,000. 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.