All Home Types
Key West, FL Housing Market
What is the housing market like in Key West today?
In May 2025, Key West home prices were up 19.6% compared to last year, selling for a median price of $1.2M. On average, homes in Key West sell after 110 days on the market compared to 97 days last year. There were 33 homes sold in May this year, down from 48 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,178,000
+19.6% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Key West, FL
$1,178,000
+19.6%
United States
Key West Migration & Relocation Trends
In Feb '25 - Apr '25, 30% of Key West homebuyers searched to move out of Key West, while 70% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Key West from outside metros.
- New York homebuyers searched to move into Key West more than any other metro followed by San Francisco and Washington.
Where are people moving to Key West from?
- 70% of Key West homebuyers searched to stay within the Key West metropolitan area.
- Cape Coral was the most popular destination among Key West homebuyers followed by Orlando and Sarasota.
Where are people from Key West moving to?
Number of People Moving to Key West
least
most
People are moving to Key West from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 5,724 | ||
| 2 | 2,260 | ||
| 3 | 1,977 | ||
| 4 | 1,415 | ||
| 5 | 1,071 | ||
| 6 | 1,038 | ||
| 7 | 716 | ||
| 8 | 409 | ||
| 9 | 209 | ||
| 10 | 173 | ||
People are leaving Key West for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 3,331 | ||
| 2 | 2,262 | ||
| 3 | 1,015 | ||
| 4 | 871 | ||
| 5 | 853 | ||
| 6 | 839 | ||
| 7 | 727 | ||
| 8 | 614 | ||
| 9 | 590 | ||
| 10 | 363 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Key West.
Provided by First Street Foundation
Transportation in Key West
Learn about the walkability, bikeability, and transit-friendliness of Key West
Somewhat Walkable
Walk Score®
Very Bikeable
Bike Score®
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