Housing market · ZIP 33040

Key West, FL Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$965,150

3-month+0.7%

6-month+0.4%

12-month-4.0%

Touse 12-month forecast

-1.5%

Projected median near $951,146 over the next 12 months

As of April 2026, the median home value in Key West, FL (ZIP 33040) is $965,150. Prices are falling, down 4.0% over the past year. Touse's model projects a -1.5% change over the next 12 months, putting the median near $951,146.

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Nearby areas in Monroe

Long Key 33001 Islamorada 33036 Key Largo 33037 Key West 33041 Summerland Key 33042 Big Pine Key 33043 Key West 33045 Marathon 33050

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.