Key West, FL metro area Housing Market Brief
metro · FL · score computed October 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.
Population band 3 of 5 (population 58,778–112,360) · comparable within its band
Where is Key West, FL metro area in its market cycle?
Key West, FL metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Key West, FL metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Key West, FL metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $1.1M | ▲ +8.9% | Redfin |
| Median Days on Market | 145 days | ▼ -8.2% | Redfin |
| Months of Supply | 7.6 | ▼ -18.3% | Redfin |
| Homes for Sale | 1,123 | ▼ -5.5% | Redfin |
| Homes Sold | 148 | ▲ +15.6% | Redfin |
| Median Price / Sq Ft | $735 | ▲ +4.1% | Redfin |
How has Key West, FL metro area’s Alpha Score moved?
Markets like Key West, FL metro area
- Oak Harbor, WA metro area, WAmetro37
- Astoria, OR metro area, ORmetro36
- Bellingham, WA metro area, WAmetro38
- Port Angeles, WA metro area, WAmetro42
- Hilo, HI metro area, HImetro43
- Longview, WA metro area, WAmetro31
- Mount Vernon, WA metro area, WAmetro26
- Napa, CA metro area, CAmetro37
- Missoula, MT metro area, MTmetro38
- Lewiston, ID metro area, IDmetro41
Frequently asked questions
Is Key West, FL metro area a buyer's or seller's market?
In the scores computed October 2026, Key West, FL metro area is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Key West, FL metro area?
The median sale price in Key West, FL metro area is $1.1M, having risen 8.9% over the past year, according to Redfin.
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 five dimensions; 4 of them have data for this market.
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.