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Key West, FL 33040 Real Estate & Property Data

Key West, FL 33040 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 643 residential properties have been sold over the past 12 months in 33040. With a median sales price of $874,500 in 33040 and a total of 5 foreclosures in Key West, FL 33040. Discover market trends and get the granular level real estate data for Key West, FL 33040 to keep your pulse on the housing market. Curate compelling home reports for Key West, FL 33040 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Key West, FL 33040 Real Estate Market Trends

Get property data for any address in Key West, FL 33040 or the country:

Total Residential Properties 11,360

Total Commercial Properties 1,691

Avg. Home Age (Single Family Home) 54 Years

Avg. Square Feet (Single Family Home) 1,534

Total 2024 Residential Sales (year-to-date) 102

% of Homes Seriously Underwater (Q2 2024) 0.29%

Total 2023 Residential Sales 586

% of Equity Rich Homes (Q2 2024) 45.21%

Effective 2023 Property Tax 0.48%

Total Foreclosure Filings (year-to-date) 8

Key West, FL 33040 Real Estate Overview

There were 643 residential properties sold in the past year in Key West, FL 33040. The median home value in Key West, FL 33040 is $1,075,000. There are a total of 11,360 residential properties in the 33040.

Median Sales Price i

$874,500

(Feb 2024)

-9.4%

year-over-year

y-o-y

February '24 Feb '24 $874,500
January '24 Jan '24 $1,200,000
December '23 Dec '23 $1,057,500
November '23 Nov '23 $697,500
October '23 Oct '23 $715,000
September '23 Sep '23 $1,200,000
August '23 Aug '23 $1,177,500
July '23 Jul '23 $693,000
June '23 Jun '23 $815,000
May '23 May '23 $814,500
April '23 Apr '23 $1,150,000
March '23 Mar '23 $985,000

Median Down Payment i

$210,000

(Feb 2024)

-26.3%

year-over-year

y-o-y

February '24 Feb '24 $210,000
January '24 Jan '24 $379,000
December '23 Dec '23 $446,250
November '23 Nov '23 $149,000
October '23 Oct '23 $180,000
September '23 Sep '23 $245,000
August '23 Aug '23 $510,250
July '23 Jul '23 $196,000
June '23 Jun '23 $182,500
May '23 May '23 $162,900
April '23 Apr '23 $408,750
March '23 Mar '23 $414,000

Number of Homes Sold i

57

(Feb 2024)

+29.5%

year-over-year

y-o-y

February '24 Feb '24 57
January '24 Jan '24 45
December '23 Dec '23 44
November '23 Nov '23 23
October '23 Oct '23 32
September '23 Sep '23 50
August '23 Aug '23 50
July '23 Jul '23 35
June '23 Jun '23 47
May '23 May '23 71
April '23 Apr '23 57
March '23 Mar '23 88

Number of Purchase Loans i

20

(Feb 2024)

+5.3%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 13
December '23 Dec '23 15
November '23 Nov '23 6
October '23 Oct '23 13
September '23 Sep '23 17
August '23 Aug '23 18
July '23 Jul '23 20
June '23 Jun '23 22
May '23 May '23 33
April '23 Apr '23 22
March '23 Mar '23 32

Number of REFI Loans i

7

(Feb 2024)

-36.4%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 12
December '23 Dec '23 8
November '23 Nov '23 4
October '23 Oct '23 10
September '23 Sep '23 16
August '23 Aug '23 15
July '23 Jul '23 7
June '23 Jun '23 4
May '23 May '23 12
April '23 Apr '23 21
March '23 Mar '23 13

Number of HELOC Loans i

6

(Feb 2024)

-45.5%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 5
December '23 Dec '23 10
November '23 Nov '23 3
October '23 Oct '23 8
September '23 Sep '23 5
August '23 Aug '23 7
July '23 Jul '23 9
June '23 Jun '23 8
May '23 May '23 6
April '23 Apr '23 6
March '23 Mar '23 6

Key West, FL 33040 Real Estate Market Overview

Last 30 days

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Key West, FL 33040 Foreclosure Activity

There were a total of 5 Key West, FL 33040 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

5

(Feb 2024)

+400%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 3
April '23 Apr '23 1
March '23 Mar '23 3

Foreclosure Starts i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 3
April '23 Apr '23 N/A
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

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