33040, FL Housing Market
The 33040 housing market is not very competitive. The median sale price of a home in 33040 was $1.1M last month, up 14.8% since last year. The median sale price per square foot in 33040 is $833, down 3.4% since last year.
33040 Housing Market Trends
In April 2025, 33040 home prices were up 14.8% compared to last year, selling for a median price of $1.1M. On average, homes in 33040 sell after 88 days on the market compared to 86 days last year. There were 155 homes sold in April this year, up from 152 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 33040 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 93 days.
- Hot homescan sell for about 1% below list price and go pending in around 49 days.
View houses in 33040 that sold recently
Recently sold homes
- $540,000 Last Sold Price2 beds1.5 baths780 sq ft30 Merganser Ln, Key West, FL 33040List Price$585,000Sale to List8% under listDays on Market111 days30 Merganser Ln, Key West, FL 33040
- $840,000 Last Sold Price2 beds2 baths1,424 sq ft1800 Atlantic Blvd Unit 220C, Key West, FL 33040List Price$875,000Sale to List4% under listDays on Market106 days1800 Atlantic Blvd Unit 220C, Key West, FL 33040
- $1,250,000 Last Sold Price3 beds2 baths1,378 sq ft1118 Watson St, Key West, FL 33040List Price$1,375,000Sale to List9% under listDays on Market344 days1118 Watson St, Key West, FL 33040
- $1,647,500 Last Sold Price3 beds2.5 baths2,101 sq ft3625 Sunrise Dr, Key West, FL 33040List Price$1,695,000Sale to List3% under listDays on Market217 days3625 Sunrise Dr, Key West, FL 33040
- $900,000 Last Sold Price3 beds3.5 baths1,264 sq ft205 Julia St, Key West, FL 33040List Price$995,000Sale to List10% under listDays on Market239 days205 Julia St, Key West, FL 33040
- $950,000 Last Sold Price3 beds2 baths1,202 sq ft38 Calle Uno, Rockland Key, FL 33040List Price$975,000Sale to List3% under listDays on Market257 days38 Calle Uno, Rockland Key, FL 33040
- $775,000 Last Sold Price2 beds1 bath716 sq ft927 Thomas St #3, Key West, FL 33040List Price$827,000Sale to List6% under listDays on Market112 days927 Thomas St #3, Key West, FL 33040
- $800,000 Last Sold Price6 beds4 baths2,050 sq ft1304 Elizabeth St, Key West, FL 33040List Price$870,000Sale to List8% under listDays on Market411 days1304 Elizabeth St, Key West, FL 33040
See all recently sold homes in 33040.
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Schools in 33040
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Poinciana Elementary School Public • PreK-5 | 570 Students | 11 reviews |
3/10 Horace O'bryant School Public • PreK-8 | 1014 Students | 3 reviews |
2/10 Monroe Virtual Instruction Program Public • K-12 | 7 Students | N/A |
2/10 Gerald Adams Elementary School Public • PreK-5 | 669 Students | 2 reviews |
NR Monroe Virtual Franchise Public • K-12 | 30 Students | N/A |
Climate's impact on 33040 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 33040.
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