Current Price

$1,069,403

1 Month Forecast

â–¼ $1,040,551

1-Year Forecast *

â–² $1,131,339

5-Year Forecast *

â–² $1,213,014

"Is it a good time to buy homes in Key West?" "Does investing in real estate in Key West (Florida State, Monroe County) worth it?" According to our live Forecast System, buying a house in Key West is a acceptable short-term (1-year) investment*. The Key West average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Key West" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Key West in Florida State, Monroe County. If you are looking for homes for sale with good flipping profit, Key West can be a profitable property investment option. The median price of an average house in Key West was 1,069,403 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Key West" area is 1,213,014 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +13.43% meaning that investing 100000 USD today may yield a profit of 13,429 USD by 2031.

Current Median Listing Price: 1,069,403 USD Median Listing Price Per Square Foot: 594 USD

Key West Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Key West (Florida State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Key West Price Target

Key West median home price target in 12 months: $1,131,339* (upside of 5.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $1,065,473 $1,032,668 $1,032,668 $1,065,473
2024 $1,099,063 $1,069,403 $1,069,403 $1,103,043
2023 $1,036,666 $1,094,857 $1,027,252 $1,094,857
2022 $879,353 $1,040,490 $879,353 $1,058,822
2021 $736,694 $855,942 $736,694 $855,942
2020 $681,773 $728,977 $681,773 $728,977
2019 $671,040 $674,359 $656,800 $674,359
2018 $659,795 $667,309 $640,269 $667,309
2017 $604,899 $654,319 $604,899 $654,319
2016 $0 $609,505 $0 $612,921
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Key West Housing Market Forecast

How much does an average home cost in Key West today?

The value of an average home (the listing price) in Key West is $1,069,403 USD.

What is the average price per square foot in Key West?

According to Walletinvestor the median price per square foot in Key West is 594 USD.

Will the median listing price of homes in Key West grow / rise / go up?

Yes. The Key West home prices may rise from 1,069,403 USD to 1,131,339 USD in one year.

Is it profitable to invest in Key West homes?

Yes. The long-term profit potential is +5.79% in one year.

Will Key West house prices fall / drop?

No. See above.

What is the predicted price of a Key West home in 2030?

The predicted home sales price of a Key West home in 2030 in Key West is 1,162,811 USD.

What is the predicted price of a Key West home in 2035?

The predicted home sales price of a Key West home in 2035 in Key West is 1,300,586 USD.

Will real estate prices decrease in Key West?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Key West is the 2925. largest city in the United States, located in Florida State.

During the last 12 months the real estate prices in Monroe, Key West increased, looking at the past 12 months.

According to Walletinvestor's Key West real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.698% to 1,069,403 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 4.562% in 2021
  • 4.192% in 2022
  • 7.052% in 2023
  • 5.192% in 2024
  • 4.902% in 2025
  • 7.092% in 2026

Based on our Key West real estate market research and report the predicted sales prices will increase by 75.596% in the next 10 years.

Over the last 12 months, the value of homes in Key West fluctuated: decreasing 4 times.

Key West (Florida) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Key West Housing Market Forecast with Real Estate Prices for 2025
August 2025 1040551 981239 1099862
September 2025 1048494 958324 1138664
October 2025 1056498 993108 1119888
November 2025 1064563 1006012 1123114
December 2025 1072689 974002 1171377
Key West Housing Market Forecast with Real Estate Prices for 2026
January 2026 1080878 1007378 1154378
February 2026 1089129 996553 1181705
March 2026 1097443 1031597 1163290
April 2026 1105821 1021778 1189863
May 2026 1114262 1009522 1219003
June 2026 1122768 1066630 1178907
July 2026 1131339 1038569 1224109
August 2026 1139976 1068157 1211794
September 2026 1148678 1037256 1260100
October 2026 1157447 1088000 1226893
November 2026 1166282 1092806 1239758
December 2026 1167001 1088812 1245190
Key West Housing Market Forecast with Real Estate Prices for 2027
January 2027 1161043 1066999 1255088
February 2027 1155116 1092740 1217493
March 2027 1153081 1038926 1267236
April 2027 1153208 1057492 1248925
May 2027 1148970 1090373 1207568
June 2027 1143227 1074633 1211820
July 2027 1138536 1066808 1210264
August 2027 1146000 1085262 1206738
September 2027 1154748 1084309 1225188
October 2027 1163563 1054188 1272938
November 2027 1172446 1062236 1282656
December 2027 1178905 1071625 1286185
Key West Housing Market Forecast with Real Estate Prices for 2028
January 2028 1181621 1102453 1260790
February 2028 1184356 1113295 1255418
March 2028 1187454 1096020 1278888
April 2028 1193063 1095232 1290894
May 2028 1197646 1107822 1287469
June 2028 1199764 1106183 1293346
July 2028 1201524 1095790 1307258
August 2028 1201983 1138278 1265688
September 2028 1200377 1111549 1289204
October 2028 1194920 1126810 1263031
November 2028 1190117 1091337 1288897
December 2028 1187737 1103408 1272066
Key West Housing Market Forecast with Real Estate Prices for 2029
January 2029 1186780 1089464 1284096
February 2029 1182978 1091889 1274067
March 2029 1176939 1078076 1275801
April 2029 1170930 1093649 1248212
May 2029 1166628 1087297 1245958
June 2029 1164660 1063334 1265985
July 2029 1162811 1079088 1246533
August 2029 1159078 1059397 1258759
September 2029 1153161 1078205 1228116
October 2029 1147274 1089910 1204638
November 2029 1141417 1044397 1238437
December 2029 1150130 1063871 1236390
Key West Housing Market Forecast with Real Estate Prices for 2030
January 2030 1158910 1098647 1219173
February 2030 1167757 1056820 1278694
March 2030 1176671 1117838 1235505
April 2030 1185654 1120443 1250865
May 2030 1194705 1082402 1307007
June 2030 1203825 1095480 1312169
July 2030 1213014 1148724 1277304
August 2030 1222274 1109825 1334723
September 2030 1231605 1152782 1310427
October 2030 1241006 1121870 1360143
November 2030 1250480 1171700 1329260
December 2030 1260026 1174344 1345707
Key West Housing Market Forecast with Real Estate Prices for 2031
January 2031 1269644 1171882 1367407
February 2031 1279336 1187224 1371449
March 2031 1289102 1182107 1396098
April 2031 1289897 1199604 1380190
May 2031 1283312 1196047 1370577
June 2031 1276761 1165682 1387839
July 2031 1274511 1189119 1359903
August 2031 1274652 1153560 1395744
September 2031 1269967 1142971 1396964
October 2031 1263619 1152421 1374818
November 2031 1258434 1150209 1366660
December 2031 1266685 1153950 1379420
Key West Housing Market Forecast with Real Estate Prices for 2032
January 2032 1276354 1204878 1347830
February 2032 1286097 1165204 1406991
March 2032 1295915 1193538 1398292
April 2032 1303055 1197507 1408602
May 2032 1306057 1215939 1396175
June 2032 1309080 1204353 1413806
July 2032 1312504 1206191 1418817

> Page 2: detailed data / price table <

Best Key West property forecast, Key West house price prediction, Key West housing forecast, Key West property investment tips, Key West prediction, Key West real estate analyst report, Key West property price forecast, Key West housing index forecast tomorrow, Key West real estate technical analysis, Key West property future price, Key West housing projections, Key West property market prognosis, Key West expected house price.
How will Key West house price increase? Will Key West real estate prices go up? Will Key West real estate prices fall? Will Key West house prices drop? Will Key West house prices rise? Is Key West housing price going up? Is it time to buy a Key West home? When will Key West house prices go down? When will Key West real estate prices drop?
* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.