KEY WEST FWDN
Homes for Sale in Key West, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
KEY WEST FWDN sits inside one of the most supply-constrained real estate markets in Florida. The median price in this community is $1,925,000, and a year-over-year change of just over 120% signals that pricing here has repriced sharply — not drifted. With only five closings recorded in the measurement window, each transaction carries outsized weight on the median, so a single outlier sale can move the needle significantly. Buyers should treat the median as a directional benchmark, not a reliable price floor or ceiling.
At a median of 35 days on market and a market heat score of 85, inventory is moving with clear conviction. That pace, combined with a triple-digit year-over-year price shift, puts this squarely in seller-favored territory. Buyers who enter without a firm grasp of Monroe County's unique regulatory environment — coastal flood zones, deed restrictions, ROGO allocation limits on new construction — will be at a disadvantage at the negotiating table.
KEY WEST FWDN right now
🟢 Still climbing. The trailing-12-month median ($1.93M) is up 120.1% from the prior 12 months ($874K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level floridakeys closed sales, 12-month windows ending July 27. Confidence: Low (5 and 5 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Monroe County sale ($1.93M vs $950K, trailing 12 months, floridakeys records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 27, 2026 · Live data: floridakeys, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
KEY WEST FWDN market snapshot (as of July 27, 2026): the median sale price is about $1.93M, and a median 35 days on market for closed sales. The trailing-12-month median is up 120% from the prior 12 months, computed from record-level floridakeys closed sales (5 closings in the current window).
KEY WEST FWDN is a Monroe County community with a median sale price near $1.93 million and a brisk median time to contract of 35 days — a combination that reflects the acute scarcity of available inventory characteristic of Key West real estate rather than broad market speculation.
Who KEY WEST FWDN is best for.
Best for
- A buyer with liquid capital well above the $1,925,000 median who views Key West real estate as a long-hold, place-specific asset and is not dependent on immediate rental yield to justify the purchase.
- A seller with an existing position in this community who wants to capitalize on a market heat score of 85 and a year-over-year pricing shift that has moved dramatically in their favor.
- A buyer who has already engaged a Monroe County real estate attorney and insurance specialist and understands the ROGO, flood zone, and permitting constraints before making an offer.
Probably not for
- A buyer who needs the median price to function as a reliable entry point — with only five closings in the window, the figure is directional at best and should not anchor a purchase decision without deeper comparable analysis.
- A buyer expecting a traditional HOA-managed community with identified amenities — no amenities were identified from current MLS listings, and this market rewards buyers who value location over amenity packages.
- A buyer whose budget requires financing terms that are sensitive to Monroe County's elevated insurance and carrying costs, which can materially affect total cost of ownership relative to mainland Florida purchases.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 27 of each year, from record-level floridakeys closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.93M) IS the median in the snapshot above, and the move from 2025 ($874K) IS the +120.1% one-year change.
Windows contain 2 to 20 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Monroe County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Monroe County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
The KEY WEST FWDN buying strategy.
If we were buying in KEY WEST FWDN today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in KEY WEST FWDN.
What's actually driving the numbers
The 120%-plus year-over-year price movement deserves scrutiny before it inspires conclusions. With only five closings in the measurement window, the sample is thin enough that a single high-value waterfront or historic property can dramatically skew the median upward. This is not a reason to dismiss the data — prices in Key West's most sought-after pockets are genuinely elevated — but it is a reason to weight the trend carefully and request a broader comparable set before committing to a number.
No community amenities were identified from current MLS listings, which in a Key West context is not unusual. Many properties here derive value from location attributes — proximity to the historic district, water access, lot characteristics, and architectural provenance — rather than from a managed HOA amenity package. Buyers accustomed to master-planned communities with deeded amenity packages should calibrate expectations accordingly. The value proposition here is place-specific, not amenity-driven.
The location and the amenities are priced into every listing in KEY WEST FWDN. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Navigating a low-volume, high-median market like KEY WEST FWDN requires more than pulling comps — it requires understanding when the median is reliable and when a five-closing sample demands a deeper look. Momentum Realty brings a disciplined analytical lens to thin markets, so buyers don't overpay chasing a skewed number and sellers price with confidence rather than wishful anchoring. Monroe County's regulatory overlay — flood insurance requirements, ROGO allocations, and coastal permitting — adds layers that demand a brokerage with genuine transactional experience in this environment.
KEY WEST FWDN in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a KEY WEST FWDN buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed KEY WEST FWDN sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in KEY WEST FWDN, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your KEY WEST FWDN home worth?
Get a no-obligation home value based on real comparable sales in KEY WEST FWDN, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in KEY WEST FWDN?
How long do homes in KEY WEST FWDN take to sell?
Who is the best real estate agent for KEY WEST FWDN?
How do I find a top Key West real estate agent who knows KEY WEST FWDN?
Can Momentum Realty connect me with an agent for KEY WEST FWDN?
Should you buy in KEY WEST FWDN?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | floridakeys closed sales, 12-month windows ending July 27, 2026 |
| Historical depth | Closed-sale records back to 2000 (224 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of floridakeys records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the floridakeys member average and 8 days faster, and we’ll price yours against live your area comps.
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