Zip 33040 (Key West, FL) Housing

The housing market in Key West, FL (zip code 33040) is quite robust. It has a median value of $918,100, which is more than twice the US median house value of $338,100. Additionally, the one-year appreciation rate for housing in Key West was 17.45%, nearly double the national rate of 8.27%. This indicates that whether you are looking to buy or sell a home, Key West is an excellent place to be involved in the real estate market.

The median home cost in Key West (zip 33040) is $918,100. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Key West (zip 33040) is up 26.6%.

Average Age of Homes

- The median age of Key West (zip 33040) real estate is 45 years old

The Rental Market in Key West (zip 33040)

- Renters make up 34.6% of the Key West (zip 33040) population
- 7.1% of houses and apartments in Key West (zip 33040), 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
	18,696.0	139,647,020.0
	49	42
	$918,100	$338,100
	26.6%	16.6%
	78.0%	57.0%
	189.0%	101.1%
	$5.12	$10.98
	$3,475	$2,690
	36.8%	57.4%
	21.9%	11.2%
	41.3%	31.4%
Vacant Housing
	7.1%	1.9%
	0.1%	0.4%
	0.8%	0.7%
	0.1%	0.4%
	9.6%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.4%	2.4%
	0.7%	2.8%
	0.2%	3.9%
	0.2%	4.5%
	0.2%	11.3%
	2.0%	13.0%
	5.1%	20.1%
	10.1%	13.6%
	11.3%	8.3%
	26.3%	9.7%
	25.0%	3.9%
	9.2%	2.2%
	4.6%	0.8%
	3.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	11.6%	13.6%
	14.8%	13.2%
	14.5%	14.8%
	11.6%	13.6%
	9.8%	10.0%
	4.0%	4.7%
	17.7%	12.2%

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