Unshakable ZIP Data 33040 | Key West, FL Housing Market
Key West · Monroe County · Key West, FL metro · Florida · Data updated June 19, 2026
The median sale price in ZIP 33040, Key West, Florida is $1,267,124 at $952 per square foot. 173 single-family homes sold in the latest period, up 20.1 percent from a year earlier. Homes sit a median of 129 days on market with 6.0 months of supply. Sellers are getting 94.2 percent of list price and 1.2 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $1,054,668 | |
| Average price per sq ft | $792 | |
| Median sale price | $1,267,124 | |
| Median sale price per sq ft | $952 | |
| Median home size | 1,332 sq ft | |
| Median new listing price | $1,238,414 | +3.6% |
| National size rank | 3,028 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 173 | +20.1% |
| Median days on market | 129 days | |
| Months of supply | 6.0 months | |
| New listings | 176 | -14.7% |
| Active listings | 533 | -6.2% |
| Pending sales | 172 | +12.6% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 94.2% | -0.5 pts |
| Share sold above list | 1.2% | -2.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$593,992
2-bedroom
$820,522
3-bedroom
$1,094,541
4-bedroom
$1,700,371
5-bedroom
$2,900,242
These figures describe the single-family market for Key West, Florida ZIP 33040. They are market context, not a substitute for sold comps or a formal appraisal.