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2024 Compare Cities Housing:
Key West, FL vs Palm City, FL

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Highlights
- The median age of a home in Key West is 46.3% older than the median age of a home in Palm City.

Housing
 Key West, FLPalm City, FLUnited States
 Median Home Age542942
 Median Home Cost$1,015,000$614,700$338,100
 Home Appr. Last 12 months26.6%27.2%16.6%
 Home Appr. Last 5 yrs.78.0%91.2%57.0%
 Home Appr. Last 10 yrs.189.0%231.4%101.1%
 Property Tax Rate$5.0$8.9$11.0
 Homes Owned35.3%76.6%57.4%
 Housing Vacant23.0%12.2%11.2%
 Homes Rented41.7%11.2%31.4%
 space
 Avg Rent For Home Or Apartment
 Key West, FLPalm City, FLUnited States
 Average Rent$4,830$2,560$1,840
 Studio Apartment$2,860$1,520$1,080
 1 Bedroom Home or Apartment$3,050$1,530$1,180
 2 Bedroom Home or Apartment$3,860$1,930$1,430
 3 Bedroom Home or Apartment$4,900$2,600$1,860
 4 Bedroom Home or Apartment$6,550$2,990$2,160
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 Vacant Housing
 Key West, FLPalm City, FLUnited States
 Vacant For Rent7.6%0.4%1.9%
 Vacant Rented0.1%0.7%0.4%
 Vacant For Sale1.0%0.8%0.7%
 Vacant Sold0.0%0.4%0.4%
 Vacant Vacation10.1%4.4%3.6%
 Vacant Other4.2%5.5%4.1%
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 Owner-Occupied Housing Value
 Key West, FLPalm City, FLUnited States
 Less Than $20,0000.6%0.3%2.6%
 $20,000 to $39,9990.4%0.4%2.4%
 $40,000 to $59,9990.8%0.5%2.8%
 $60,000 to $79,9990.3%0.0%3.9%
 $80,000 to $99,9990.2%0.0%4.5%
 $100,000 to $149,9990.2%3.6%11.3%
 $150,000 to $199,9990.7%6.7%13.0%
 $200,000 to $299,9993.5%16.5%20.1%
 $300,000 to $399,9997.4%18.8%13.6%
 $400,000 to $499,9999.7%18.6%8.3%
 $500,000 to $749,99928.7%25.4%9.7%
 $750,000 to $999,99928.3%5.4%3.9%
 $1,000,000 to $1,499,9998.8%2.6%2.2%
 $1,500,000 to $1,999,9995.9%0.8%0.8%
 $2,000,000 and over4.5%0.4%1.1%
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 Housing Units By Year Built
 Key West, FLPalm City, FLUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20146.6%20.6%13.6%
 2000 to 20096.6%20.6%13.6%
 1990 to 199911.0%27.8%13.6%
 1980 to 198915.6%35.2%13.2%
 1970 to 19799.8%7.3%14.8%
 1960 to 196911.0%27.8%13.6%
 1950 to 195911.5%0.8%10.0%
 1940 to 19495.0%0.0%4.7%
 1939 or Earlier22.5%0.9%12.2%

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Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Over 8 years ago

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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  More

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Reviews for Palm City    6 Reviews

Over 3 years ago

Palm City has grown over the last 9 years that we've lived here. It is definitely becoming more crowded. Some dislike this progress because it increases traffic, longer  More

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Over 16 years ago

Palm City Schools are better than any of the private schools I attended. The teachers and faculty show genuine care at every level. "Character Counts" is a campaign that  More

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Over 18 years ago

A great little town to live in for both retired and still working people and families. The best schools, a variety of churches, many glof courses, and handy location  More

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ZIPS IN KEY WEST, FLORIDA
33040
ZIPS IN PALM CITY, FLORIDA
34990

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