Key West, FL metro area Housing Market Brief
metro · FL · as of August 2026
What is Key West, FL metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Key West, FL metro area in its market cycle?
Key West, FL metro area is classified as Emerging — early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Key West, FL metro area?
Our model forecasts Key West, FL metro area’s home prices to decline about 3.3% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Key West, FL metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $987K | ▼ -1.8% |
| Median Days on Market | 103 days | ▼ -7.2% |
| Months of Supply | 7.9 | ▼ -8.1% |
| Homes for Sale | 1,211 | ▼ -3.9% |
| Homes Sold | 158 | ▲ +4.6% |
| Median Price / Sq Ft | $737 | ▼ -2.2% |
How has Key West, FL metro area’s Alpha Score moved?
Markets like Key West, FL metro area
- Napa, CA metro area, CAmetro34
- Kalispell, MT metro area, MTmetro40
- Bellingham, WA metro area, WAmetro37
- Hilton Head Island, SC metro area, SCmetro33
- Kahului, HI metro area, HImetro40
- Missoula, MT metro area, MTmetro38
- Glenwood Springs, CO metro area, COmetro25
- Wenatchee, WA metro area, WAmetro29
- St. George, UT metro area, UTmetro31
- Georgetown, SC metro area, SCmetro31
Frequently asked questions
Is Key West, FL metro area a buyer's or seller's market?
As of August 2026, Key West, FL metro area is classified as a Buyer's Market, based on its Alpha Score of 33 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Key West, FL metro area?
The median sale price in Key West, FL metro area is $987K, having fallen 1.8% over the past year.
How affordable is Key West, FL metro area?
Key West, FL metro area scores 1 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Key West, FL metro area's Alpha Score?
Key West, FL metro area's strongest dimension is Economic Strength (69/100) and its weakest is Affordability (1/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Key West, FL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.