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33040 Housing Market

33040 Key West, FL: Home Values and Market Data

Typical home value $949,386, -0.9% in 12 months. Winslow Homes analysis of public Zillow and Redfin data.

Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes

Ryan and Megan Winslow Broker Owners3,000+ homes soldSince 2009 REALTOR®4 states broker in FL, MA, CT, RIU.S. Army RetiredBest of Central MA winners
The numbers

33040 market at a glance

$949,386
Typical home value, August 2026 (Zillow)
-0.9%
Change in the last 12 months
+25.4%
Change in the last 5 years
Trend
Waterfront home over turquoise water in the Florida Keys

How have home values in 33040 changed?

Monthly typical home value, 2024-09 to 2026-08. Low $943,116, high $1,018,440. Source: Zillow Home Value Index.

What it means

What the 33040 numbers mean for you

By property type, March to May 2026

TypeMedian sale priceHomes soldMedian days on market
Condo/Co-op$770,00033136
Single Family Residential$1,725,00099126
Townhouse$917,50026164

Buying in 33040

Use the median days on market to set your offer pace. A short number means you move fast and come in with a pre-approval. Ask Ryan and Megan for the flood zone, insurance quotes and condo or HOA rules on any home before you write an offer.

Selling in 33040

Price against the latest sales, not last year. Get your instant home value, then ask Ryan and Megan for a full pricing review and the listing plan.

Nearby

More Key West market data

Key West real estate guide · All ZIP code market data

Questions

33040 FAQ

What is the typical home value in 33040?

The typical home value in 33040 (Key West, FL) is $949,386 as of August 2026, based on the Zillow Home Value Index.

Are home values in 33040 going up or down?

Values changed -0.9% over the 12 months to August 2026 and +25.4% over 5 years.

Who helps buyers and sellers in 33040?

Ryan and Megan Winslow, broker owners of Winslow Homes, help buyers and sellers in Key West. Call or text 386-690-5858.

Sources: Zillow Home Value Index (ZIP code, smoothed, seasonally adjusted, all homes) through August 2026 and Redfin Data Center ZIP code tracker, 90-day period ending May 31, 2026. Figures describe the whole ZIP code, not one home. Call or text Ryan and Megan at 386-690-5858 for current sales.

Coming soon in Key West, FL

Get coming-soon homes, pocket listings and price drops in Key West, FL before they hit the big home search sites.

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