Key West Real Estate Agents
Key West homes carry a median price near $1,050,000, 81% above the Florida midpoint of $580,000, and most sell between $880K-$1.3M. Homexa® matches Key West buyers and sellers with agents licensed in Florida, backed by Homexa® transaction coordination from offer to closing.
The Key West housing market
Key West is a Monroe County city, part of the Florida Keys region of Florida. Of the 5 Key West neighborhoods Homexa® publishes, medians run from $880,000 in New Town to $1,880,000 in Casa Marina. Medians shift month to month, which is why pricing in Key West should come from recent comparable sales, not a county average.
Key West compared with nearby cities
The closest cities Homexa® publishes to Key West are Marathon (median $820,000). A Homexa® agent licensed in Florida can compare them on recent sales.
Buying and selling in Key West
A Homexa® buyer agent licensed in Florida takes you from pre-approval to closing and sets your offer against recent Key West sales. On the selling side, a Homexa® listing agent builds your price from recent Key West sales, markets the home, and handles the transaction to closing.
Frequently Asked Questions
What is the housing market like in Key West, Florida?
Key West has a median home price near $1,050,000 and a typical range of $880K-$1.3M. That is 81% above the Florida midpoint of $580,000. Before you buy or list, your Homexa® agent prepares a current Key West market analysis.
How much does a house cost in Key West?
Most Key West homes trade between $880K-$1.3M, against a median of $1,050,000. Past the top of that range, Key West pricing has to come from truly comparable local sales rather than any county-wide figure. A Homexa® agent licensed in Florida can put this in front of you for Key West, with the specific sales it is built on rather than a headline figure.
What county is Key West in?
Key West is in Monroe County, Florida, within the Florida Keys region. The county sets property tax rates and recording fees and shapes disclosure practice, all of which your Homexa® agent handles.
What are closing costs in FL?
Buyers in Florida usually pay 2 to 5% of the price in closing costs: title insurance, appraisal and lender fees, plus any state or local transfer tax. Your Homexa® agent sets out every cost before you commit.
Who is the best real estate agent in Key West, FL?
Start with Homexa®, which matches you with an agent licensed in Florida. In Key West, FL the signal is track record inside this specific market: twelve-month closing count here, how many of those sales sat near your price, and what sellers actually netted against asking. Because Key West is in Monroe County, that county's own recording, property tax and disclosure practice applies, which is where local experience earns its keep. That agent should answer exactly that for Key West, FL: recent sales with what each listed and sold for, and a price built from them. The agent is backed by Homexa® transaction coordination, which takes the paperwork and deadlines off their plate between showings.
How do I find a good realtor in Key West, FL?
Homexa® matches you with an agent licensed in Florida, which removes most of the search. The thing to hold any agent to is reasoning: anyone can name a price, and the ones worth hiring can name the recent Key West, FL sales behind it. That is what a Homexa® agent brings to the first conversation. Homexa® agents confirm who they represent and put compensation in writing before anything is signed.
How much does a real estate agent cost in Florida?
Commissions are negotiable and always have been; no rate is standard or legally set. Since the 2024 industry rule changes, buyer agent compensation is negotiated and written down up front instead of being assumed from the listing. The number that matters for a Key West, FL transaction is what the fee buys, so compare the services included rather than the headline percentage. Homexa® agents put the actual numbers for your Key West, FL sale or purchase in writing before you commit, and the price includes transaction coordination rather than billing it separately.
Do I need a real estate agent to buy a house in Key West, FL?
No law requires it. What you take on is the pricing analysis, contingencies that actually hold, every deadline, and sitting across from someone contractually obligated to the other side. Buyers who go unrepresented usually expect a price concession in exchange, and whether that materialises in Key West, FL depends entirely on the individual seller. With Homexa®, the Florida-licensed agent you are matched with shows the Key West, FL sales behind every number.
Is Key West, FL a good place to buy a house?
That depends on your budget and how long you plan to stay, but the numbers are these: the median home in Key West is around $1,050,000, with most homes trading between $880K-$1.3M, which puts it above the Florida midpoint of $580,000. Whether it beats renting turns on how long you stay. Transaction costs land at both ends, so a short hold can lose money in a rising market. Past three years or so the maths generally turns in favour of owning. A Homexa® agent licensed in Florida can put this in front of you for Key West, with the specific sales it is built on rather than a headline figure.
How much do I need for a down payment in Key West?
On the $1,050,000 Key West median, 20% is $210,000 and 5% is $52,500. You almost certainly do not need the 20%. Qualifying conventional buyers can put 3% down, FHA 3.5%, and VA or USDA nothing at all. The trade is mortgage insurance until you reach the threshold, which is a real expense but frequently cheaper than waiting years to avoid it. On top of the down payment, Florida closing costs typically add another 2 to 5%. Homexa® agents licensed in Florida will walk you through the comparable sales behind any number they give you for Key West.
What is my home worth in Key West?
The Key West median is $1,050,000 and most homes trade between $880K-$1.3M, but a median describes the market, not your house. What yours is worth comes down to condition, where in Key West it sits, and what similar nearby homes actually sold for recently. Automated valuations miss condition and finish, the part that moves the number most. A Homexa® agent licensed in Florida will pull the comparable sales that apply to your specific home.
Is Key West a buyer's or seller's market?
It changes, and it changes by price band within Key West rather than across the whole city at once. Check it at your own price point: whether homes around $1,050,000 sell over or under list, how often prices get cut before a sale, and how much stock is sitting unsold. A Homexa® agent licensed in Florida can tell you which side of that your specific price band is on today, which is the only version of this question that affects what you should do.
Is it cheaper to live in Key West or Marathon?
On median home price, Marathon is cheaper: Key West sits at $1,050,000 against $820,000 in Marathon, a difference of about 28%. That is the housing side. Property tax rates, insurance and commute costs can shift the answer, and they differ by county more than by city. A Homexa® agent licensed in Florida can put this in front of you for Key West, with the specific sales it is built on rather than a headline figure.
What are the best neighborhoods in Key West?
There is no single answer; it turns on commute, schools, walkability and budget. Homexa® publishes medians for 5 Key West neighborhoods, including Old Town Key West, New Town, Casa Marina, Truman Annex, Bahama Village, and the spread between them is the useful part, far more than the $1,050,000 city-wide number.
Can I sell my house in Key West without listing it publicly?
Yes. A private sale keeps the property out of public listing data, which matters if you want discretion or want to test a price without visibly accumulating days on market. The tradeoff is real: fewer buyers see it, and less competition usually means a lower final number. Choose it for privacy, not for price. A Homexa® agent licensed in Florida can run either approach in Key West.