Key West Metro Area, FL Housing

The housing market in Key West, FL Metro Area is extremely prosperous. The median value of homes in this area is $901,500, which is significantly higher than the US average of $338,100. Not only that, but house appreciation in Key West has been higher over the past year at 18.62%, compared to the US average of 8.27%. This makes this area an attractive option for property owners and investors looking to capitalize on these high returns.

The median home cost in Key West Metro Area is $901,500. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Key West Metro Area is up 26.6%.

Average Age of Homes

- The median age of Key West Metro Area real estate is 37 years old

The Rental Market in Key West Metro Area

- Renters make up 21.2% of the Key West Metro Area population
- 6.0% of houses and apartments in Key West Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Key West, Florida	United States
	53,699.0	139,647,020.0
	40	42
	$901,500	$338,100
	26.6%	16.6%
	78.0%	57.0%
	189.0%	101.1%
	$5.82	$10.98
	$3,567	$2,690
	38.4%	57.4%
	37.3%	11.2%
	24.3%	31.4%
Vacant Housing
	6.0%	1.9%
	0.5%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	24.3%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.6%	2.4%
	0.6%	2.8%
	0.5%	3.9%
	0.6%	4.5%
	1.3%	11.3%
	2.6%	13.0%
	6.5%	20.1%
	11.7%	13.6%
	12.4%	8.3%
	26.3%	9.7%
	17.8%	3.9%
	9.0%	2.2%
	4.1%	0.8%
	4.8%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	14.5%	13.6%
	22.5%	13.2%
	22.1%	14.8%
	14.5%	13.6%
	6.2%	10.0%
	1.7%	4.7%
	6.6%	12.2%

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