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If you want to buy a house in Key West, you’ll be in good company. Ernest Hemingway, the Nobel Prize winner, lived and wrote on the island for more than a decade. This data updated periodically, at an interval not to exceed 7 days. A further 28 people have been injured, including two children aged five and 16.
New Listings for Sale in Key West, FL
Information deemed reliable but not guaranteed.Copyright © 2024 MIAMI Association of REALTORS®. The data relating to real estate for sale/lease on this web site come in part from the New Smyrna Beach Board of REALTORS® Multiple Listing Service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with the Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with the MLS IDX logo. No warranties, expressed or implied, are provided for the data herein or for their use or interpretation by the user.
Key West Housing Market Trends
This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.Data powered by Attom Data Solutions. In March 2024, Key West home prices were up 8.6% compared to last year, selling for a median price of $1.1M. On average, homes in Key West sell after 82 days on the market compared to 59 days last year. There were 45 homes sold in March this year, down from 62 last year. A popular style in Old Town, where houses can be 100 to 150 years old, is the conch house. These two-story houses usually feature large verandas and shutters over the doors and windows.
Homes with a View for Sale in Key West
If older homes, leisurely walks, and plentiful restaurants and bars are what you’re looking for, this neighborhood is an excellent choice, and it’s where most of Salazar’s clients are looking. Located at the very end of Florida’s Highway 1, Key West is 4 miles long and 2 miles wide, with a population of 24,500 as of 2020. Given its small size, you can sell your car and opt to bike or walk around the island instead. Chances are good you’ll be running into friendly faces in no time. Flood insurance is another cost you’ll need to consider, since flood damage is often not covered under home insurance policies. According to the Key West city government, there are 8,000 active flood insurance policies, each costing an average of $1,510 annually.
MLS Information
Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you.
As you do the math, remember to figure in property taxes. For a house with a market value of $732,500, your Key West taxes will be about $6,400, according to Monroe County, Florida’s online tax estimator. You can reduce property taxes by about $400 if you apply for a homestead exemption.
Redfin Selling Options
Even in the aftermath of 2017’s Hurricane Irma, Key West and the Florida keys attracted 5.1 million visitors, according to 2018 county tourism data. Your heart might be set on owning a piece of island property, so let’s crunch the numbers. Assuming you put down 20% on a $732,500 house at January 2021 market rates, your monthly interest and principal will be $2,417.
Florida has some of the highest insurance premiums in the country. The average Florida rate of $3,643 is 58% above the national average, according to Insurance.com. As of December 2020, the average rent for a Key West apartment was $2,461, once again well above the national median of $1,465. With its warm weather, laid-back culture, and happy-hour vibe, it’s also an attractive place to live.
Welcome Home! Key West Families move in via Homebuyer Assistance Program - Florida Keys Weekly
Welcome Home! Key West Families move in via Homebuyer Assistance Program.
Posted: Wed, 03 Jul 2019 07:00:00 GMT [source]
Estimated median home price
There are currently 97 waterfront homes for sale in Key West at a median listing price of $1.4M. There are currently 109 homes with a view homes for sale in Key West at a median listing price of $1.4M. There are currently 0 homes for sale under $300k in Key West. Coldwell Banker Realty can help you find Key West homes for sale, condos and rentals. Refine your Key West real estate search results by price, property type, bedrooms, baths and other features. View our Key West real estate offices and let us help you find the perfect property.
If you want the island lifestyle, but also some of the suburban living amenities that make full-time island living a little easier, this is a great neighborhood to explore. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of The Fort Lauderdale Board of Realtors. Real estate listings held by firms other than Weichert Realtors, include the Listing Broker’s Firm Name. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. Contact a local real estate professional or the school district(s) for current information on schools.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Weichert Realtors is one of the nation's leading providers of Key West, Florida real estate for sale and home ownership services. Contact Weichert today to buy or sell real estate in Key West, FL. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
We also dove deep into the unique qualities of Key West’s neighborhoods and did the math to help you understand what your budget will look like if you decide to set sail. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Coldwell Banker Realty and Guaranteed Rate Affinity, LLC share common ownership and because of this relationship the brokerage may receive a financial or other benefit. You are not required to use Guaranteed Rate Affinity, LLC as a condition of purchase or sale of any real estate. Operating in the state of New York as GR Affinity, LLC in lieu of the legal name Guaranteed Rate Affinity, LLC.
Find your dream home in Key West using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Key West are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Key West. Our Key West real estate stats and trends will give you more information about home buying and selling trends in Key West. If you're looking to sell your home in the Key West area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Key West with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.
In the past month, 45 homes have been sold in Key West. In addition to houses in Key West, there were also 101 condos, 57 townhouses, and 26 multi-family units for sale in Key West last month. Key West is a moderately walkable city in Florida with a Walk Score of 63. Key West is home to approximately 24,478 people and 15,445 jobs.
Throughout the day, we've been reporting on a Russian attack on the city of Odesa in Ukraine, which has killed at least four people. Yesterday a Russian attack on the port city of Odesa killed at least four people, while dramatic footage showed a massive education facility ablaze in the aftermath. Located on the western portion of Key West, Old Town is the island’s historic heart.
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