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Housing

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  HOUSING OVERVIEW
  

The median home value in Key West, Florida, is $434,700. Home appreciation is 2.00% over the last year. The median age of Key West, Florida, real estate is 45 years.

Key West, Florida Apartments and Rentals

Renters make up 35.35% of the Key West, Florida, population. 33.49% of houses and apartments in Key West, Florida, are unoccupied (vacancy rate).

  HOUSINGKey West, FloridaUnited States
  Median Home Age  4537
  Median Home Cost  $434,700$170,100
  Home Appr. Last 12 months  2.00%4.90%
  Home Appr. Last 5 yrs.  -19.40%-4.60%
  Home Appr. Last 10 yrs.  6.50%12.70%
  Property Tax Rate  $7.47$12.07
  Homes Owned  31.16%57.34%
  Housing Vacant  33.49%12.47%
  Homes Rented  35.35%30.19%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $1,003$661
  1 Bedroom Home or Apartment  $1,010$765
  2 Bedroom Home or Apartment  $1,366$957
  3 Bedroom Home or Apartment  $1,782$1,289
  4 Bedroom Home or Apartment  $1,826$1,490
  VACANT HOUSING
  Vacant For Rent  4.67%2.50%
  Vacant Rented  0.81%0.46%
  Vacant For Sale  1.26%1.38%
  Vacant Sold  0.10%0.46%
  Vacant Vacation  22.87%3.81%
  Vacant Other  3.77%3.87%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  0.00%3.30%
  $20,000 to $39,999  3.32%3.44%
  $40,000 to $59,999  1.19%4.18%
  $60,000 to $79,999  0.21%5.80%
  $80,000 to $99,999  0.89%7.08%
  $100,000 to $149,999  1.49%15.77%
  $150,000 to $199,999  3.16%15.03%
  $200,000 to $299,999  12.34%18.50%
  $300,000 to $399,999  17.83%10.39%
  $400,000 to $499,999  16.64%5.66%
  $500,000 to $749,999  19.09%6.39%
  $750,000 to $999,999  10.03%2.28%
  $1,000,000 or more  13.81%2.18%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.44%0.29%
  2000 to 2009  6.91%14.18%
  1990 to 1999  14.45%13.96%
  1980 to 1989  12.64%13.99%
  1970 to 1979  10.92%16.09%
  1960 to 1969  14.45%13.96%
  1950 to 1959  13.35%11.05%
  1940 to 1949  8.47%5.59%
  1939 or Earlier  19.27%13.68%
  HOUSING COMMENTS
  
Cost of Living Inconsistency.
I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays... (read more)
re: Unreasonably expensive ! - 2/17/2009
Why don't you Yankees stop acting like you wn EVERYTHING. Hey, if you don't like that Southron people HATE you, and want to live on their own land without you... (read more)
re: Unreasonably expensive ! - 2/17/2009
Why don't you southern people stop acting like you own ALL of the southern parts of the States! We "Snowbirds" as you call us are not the reason for the high cost of... (read more)
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  GENERAL COMMENTS
  
Key West
Like the... (read more)
re: great place - 9/13/2007
I'd like to respond to Keith's posting, whereby he appears to blame the "Snowbirds" for the high cost of living in Key West. He wrote that "Snowbirds will pay... (read more)
great place
Key West is one of the most laid back places in the USA...move there if you possibly... (read more)
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