Key West is the heart of the Florida Keys, with historic conch houses in Old Town, waterfront condos, quiet residential streets in New Town and a few private island neighborhoods just offshore. Over the past year the median sale price was about $987,000, with homes typically selling in about 86 days.
The Island Collective Realty is based in Key West and broker-led. Greg Gordon works directly with every buyer, including the many buying a second home from out of state.
Key West Real Estate
FLORIDA KEYS AREA GUIDE
Key West is the only place in the Keys with a true walkable town: restaurants, galleries, marinas, music and the sunset at Mallory Square, all within a bike ride. It also has the Keys' main airport, which makes a second home here easy to reach from anywhere.
The market has real range. Buyers choose between historic homes with porches and gardens in Old Town, low-maintenance condos with pools and docks, and larger single-family homes in New Town and nearby canal neighborhoods.
Why buyers choose Key West
AREA OVERVIEW
What people love about Key West
THE LIFESTYLE
Old Town's historic district is full of 19th-century conch houses, wide porches and tropical gardens.
History and character
Key West International Airport has direct flights to many U.S. cities, so a second home here works even for long weekends.
Easy to get to
Walk or bike everywhere
In Old Town you can leave the car at home: dinner on Duval, the farmers market, the beach and the harbor are all a short ride away.
Key West real estate includes historic homes, condos, Key West's median sale price was about $987,000 over the past year, roughly flat from the year before, with about 260 homes on the market in fall 2026, which gives buyers more choice than in recent years. Old Town and nearby neighborhoods such as Truman Annex and Casa Marina are among the most sought-after, for historic homes close to the water and downtown.
For lower-maintenance options, condo communities ranged widely: about $490,000 to $600,000 at Salt Pond and Key West by the Sea, about $975,000 at 1800 Atlantic, and about $2.9 million at Martello Towers. Homes in the Key West Golf Club community had a median of about $662,000, and private Sunset Key about $6.6 million.
Key West neighborhoods and home prices
NEIGHBORHOODS AND PRICES
Old Town charm
A major draw for buyers looking for historic homes, iconic streets, and a strong sense of character in the heart of Key West.
What makes Key West unique
THE AREA
Buyers are drawn to Key West for its restaurants, galleries, walkability, energy, and the feeling of living in one of the most unique communities in the Florida Keys.
Lifestyle and location
Waterfront and island living
From canal and marina access to ocean views and private outdoor space, Key West offers a wide range of ways to enjoy the water.
Daily life in Key West mixes island ease with real-town convenience. You'll find grocery stores, a hospital, schools and services on the island, plus world-class fishing, diving and sailing from the harbors. Evenings mean sunset at Mallory Square, live music and some of the best restaurants in Florida.
Getting here is easy. Key West International Airport is minutes from most neighborhoods, and Miami is about a three-and-a-half to four-hour drive down the Overseas Highway.