33041 (Key West)
Housing Market & Home Values

ZIP code market report · Monroe County, FL

Median sale price $515,000, with homes going under contract in about 112 days.

3 communities reporting17 sales analyzedData as of Nov 12, 2026
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Live · 33041 Housing Pulse Licensed FL MLS feeds + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$515K
Median sold · 12 moConfidence: Low
89.0% ▼
Sale vs ask
Monroe County: 92.5% · -1.6pp vs prior yr
$963K ▲
Monroe County home value
Zillow ZHVI, monthly · +1.9% vs a year ago
Tempo
112days ▲
Median DOM · closed
Monroe County: 84 days · +32.0 days vs prior yr
17
Sold · last 12 mo
closed in the 3 tracked communities with data
Market context
17% ▼
Listings with price cuts
Monroe County · Zillow · -1.7pp vs prior month
1,255 ▼
County for-sale inventory
Zillow, monthly · -4.1% vs prior month
3
Communities reporting
of 8 tracked in 33041
Economy & people · county layer
$87,738
Median household income
U.S. Census ACS, county
81,860
County population
+7.3% since 2018
11.0×
Price to income
county home value vs median income
66%
Owner-occupied
U.S. Census ACS, county
$4,129/yr
Median property tax
county, ACS
Licensed FL MLSZillow ResearchU.S. Census ACSPublic records
✓ $3.5B+ sold✓ 10,000+ customers served✓ Top 1% in Florida · RealTrends✓ 800+ five-star reviews✓ Licensed FL MLS data✓ Data as of Nov 12, 2026
Today's Take · November 12, 2026
Jon Brooks
Jon Brooks →
Co-Founder, Momentum Realty · CEO, Momentum Research
Housing Market Analyst

sellers are still collecting 89.0% of asking.

Analysis

The read on 33041 (Key West)

The median sale price across 33041 currently stands at $515,000. The typical home goes under contract in about 112 days. Homes are selling for about 89.0% of their original asking price.

17 homes closed here over the trailing 12 months.

Zillow's home value index for Monroe County stands at $962,885. About 17% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.

Trends & History

33041 since 2012 — and where it’s heading

A median home here sold for $279,605 in 2012 and $676,764 over the last recorded year — 142% appreciation across 14 years of recorded sales.

Median sale price · 2012–2026 (420 recorded sales)

$266K$611K$956K$677K2012: $280K2013: $463K2014: $368K2015: $433K2016: $452K2017: $581K2018: $487K2019: $565K2020: $519K2021: $740K2022: $942K2023: $718K2025: $819K2026: $677K20122015201920222026

Days on market by year

9d103d196d112d2012: 193d2013: 94d2014: 68d2015: 79d2016: 97d2017: 107d2018: 53d2019: 82d2020: 78d2021: 29d2022: 13d2023: 30d2025: 80d2026: 112d20122015201920222026

Home value trend · Monroe County (Zillow ZHVI)

$942K$953K$963K$963KSep '25: $945KOct '25: $943KNov '25: $942KDec '25: $942KJan '26: $944KFeb '26: $947KMar '26: $951KApr '26: $953KMay '26: $954KJun '26: $954KJul '26: $956KAug '26: $960KSep '26: $963KSep '25Dec '25Mar '26Jun '26Sep '26

For-sale inventory · county (Zillow)

1,2491,3921,5341,255Sep '25: 1,308Oct '25: 1,283Nov '25: 1,299Dec '25: 1,348Jan '26: 1,415Feb '26: 1,476Mar '26: 1,529Apr '26: 1,526May '26: 1,492Jun '26: 1,422Jul '26: 1,364Aug '26: 1,309Sep '26: 1,255Sep '25Dec '25Mar '26Jun '26Sep '26

Daily active vs pending · Monroe County (MLS)

1597801,400Aug 10 · Active: 1,271Aug 11 · Active: 1,266Aug 12 · Active: 1,266Aug 13 · Active: 1,265Aug 15 · Active: 1,257Aug 17 · Active: 1,254Aug 19 · Active: 1,248Aug 22 · Active: 1,238Aug 23 · Active: 1,240Aug 28 · Active: 1,228Aug 29 · Active: 1,224Aug 30 · Active: 1,221Aug 31 · Active: 1,218Sep 07 · Active: 1,308Sep 09 · Active: 1,303Sep 11 · Active: 1,295Sep 12 · Active: 1,295Sep 13 · Active: 1,287Sep 14 · Active: 1,291Sep 15 · Active: 1,280Sep 16 · Active: 1,276Sep 17 · Active: 1,276Sep 19 · Active: 1,285Sep 20 · Active: 1,280Sep 21 · Active: 1,275Sep 22 · Active: 1,274Sep 23 · Active: 1,271Sep 24 · Active: 1,271Sep 25 · Active: 1,275Sep 26 · Active: 1,281Sep 28 · Active: 1,280Sep 29 · Active: 1,271Oct 01 · Active: 1,260Oct 04 · Active: 1,259Oct 05 · Active: 1,257Oct 06 · Active: 1,249Oct 07 · Active: 1,255Oct 09 · Active: 1,267Oct 10 · Active: 1,272Oct 11 · Active: 1,270Oct 12 · Active: 1,276Oct 14 · Active: 1,296Oct 17 · Active: 1,299Oct 18 · Active: 1,302Oct 19 · Active: 1,313Oct 20 · Active: 1,323Oct 23 · Active: 1,343Oct 26 · Active: 1,342Oct 27 · Active: 1,348Oct 28 · Active: 1,353Oct 29 · Active: 1,359Oct 30 · Active: 1,370Oct 31 · Active: 1,376Nov 01 · Active: 1,358Nov 02 · Active: 1,358Nov 03 · Active: 1,364Nov 05 · Active: 1,365Nov 06 · Active: 1,371Nov 08 · Active: 1,367Nov 09 · Active: 1,364Aug 10Sep 28Nov 09ActivePending

Median price · daily recalculation

$493K$515K$537K$515KSep 12: $515KSep 13: $515KSep 14: $515KSep 15: $515KSep 16: $515KSep 17: $515KSep 19: $515KSep 20: $515KSep 21: $515KSep 22: $515KSep 23: $515KSep 24: $515KSep 25: $515KSep 26: $515KSep 28: $515KSep 29: $515KSep 30: $515KOct 01: $515KOct 03: $515KOct 04: $515KOct 05: $515KOct 06: $515KOct 07: $515KOct 09: $515KOct 10: $515KOct 11: $515KOct 12: $515KOct 14: $515KOct 17: $515KOct 18: $515KOct 19: $515KOct 20: $515KOct 23: $515KOct 26: $515KOct 27: $515KOct 28: $515KOct 29: $515KOct 30: $515KOct 31: $515KNov 01: $515KNov 02: $515KNov 05: $515KNov 06: $515KNov 08: $515KNov 09: $515KSep 12Sep 24Oct 07Oct 26Nov 09
Local Economics · county layer

What’s driving 33041

Who’s moving here
-713 net residents/yr

Top inbound states: CA, IL, MD. Movers arriving report ~$170,384 average income. Source: IRS SOI county-to-county migration, 2022-2023

Insurance reality check
$6,463/yr avg Citizens premium

16,693 Citizens personal-lines policies in Monroe County; average premium $6,671 before the 2026 change, $6,463 after (-3.1%). Citizens is the state-backed insurer of last resort; budget insurance into any Monroe purchase. Source: Citizens Property Insurance Corporation, 2026 Approved Rate Changes by County (ALL PERSONAL LINES COMBINED table).

Building pipeline
279 units permitted -16% YoY

239 single-family · 40 multi-family · 3.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025

Explore Deeper

Cities in this ZIP

Most active communities

Keep Going

Put this data to work

Questions

33041 (Key West) housing market FAQ

Is it a good time to sell a house in 33041?

By the numbers, sellers in 33041 are getting 89.0% of asking price and going under contract in about 112 days. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.

What is the median home price in 33041?

The median sale price in 33041 is currently $515,000, based on MLS sales data updated November 12, 2026.

How long do homes take to sell in 33041?

The typical home in 33041 goes under contract in about 112 days, per current MLS data.

Put this data to work

Momentum agents use this intelligence every day to price listings and write winning offers across 33041 (Key West). Talk through what the numbers mean for your move.

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Methodology & Accountability

Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use the MLS listing counts from the last data refresh (date below); the Momentum Score methodology is summarized .

Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: November 12, 2026 at 5:37 PM ET

Find homes What's my home worth?

Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.

Selling in this ZIP? Weigh the numbers first: the Florida sell-now-or-wait scoreboard, why 201,552 Florida listings failed to sell in 12 months, and cash offer vs. listing, both numbers. Compiled from MLS records; deemed reliable but not guaranteed.