MOFFATS
Homes for Sale in Key West, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
MOFFATS sits inside the Key West market, where scarcity of land and the hard ceiling on new supply are the primary drivers behind a median price at $1.45 million. The year-over-year gain of just over 38 percent tells you this pocket moved fast over the past twelve months — that is not a slow drift upward, it is a repricing event, and buyers who were watching from the sidelines absorbed most of the pain.
At 58 median days on market and a market heat score of 52, the community is not in a bidding-war frenzy, but it is not a buyer's market either. Listings are taking roughly two months to close, which gives a prepared buyer time to conduct due diligence — inspections, insurance underwriting, and flood-zone review all matter more here than in most Florida submarkets. Sellers still hold leverage on price, but days-on-market suggests that overpriced listings are sitting.
MOFFATS right now
🟢 Still climbing. The trailing-12-month median ($1.45M) is up 38.1% from the prior 12 months ($1.05M). With about 4 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 (7 and 5 sales in the two windows).
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
MOFFATS market snapshot (as of July 27, 2026): the median sale price is about $1.45M, and a median 58 days on market for closed sales. The trailing-12-month median is up 38% from the prior 12 months, computed from record-level floridakeys closed sales (7 closings in the current window).
MOFFATS is a small community within Key West, Monroe County — a market defined by finite inventory and the full weight of island ownership costs, including wind and flood insurance, that the median price alone does not capture.
Who MOFFATS is best for.
Best for
- Buyers with a budget at or above the $1.45M median who have already stress-tested wind, flood, and homeowners insurance costs for Monroe County.
- Investors or second-home buyers seeking a long-term hold in a supply-constrained island market who can tolerate low liquidity and higher carrying costs.
- Cash buyers or those with jumbo pre-approval in hand who can move within the roughly 58-day window sellers currently expect before a deal closes.
Probably not for
- Buyers whose maximum budget lands at the median — without room above it, insurance and closing costs can push total acquisition cost out of reach.
- Anyone expecting quick resale within one to two years, given thin transaction volume and the cost drag of island ownership on short-hold returns.
- Buyers relying on conventional conforming loan limits, as the price point requires jumbo financing and lenders will scrutinize Monroe County insurance commitments closely.
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 ($1.45M) IS the median in the snapshot above, and the move from 2025 ($1.05M) IS the +38.1% one-year change.
Windows contain 1 to 10 sales each (7 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 MOFFATS buying strategy.
If we were buying in MOFFATS 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 MOFFATS.
What the numbers are actually saying
A 38-percent year-over-year appreciation is a headline worth interrogating. With only 7 closings recorded in the measurement window, each individual transaction moves the median meaningfully — a single high-end sale or an outlier in condition can swing the figure. That does not make the trend fictional, but it does mean you should not treat the median as a precision instrument. Price spread within MOFFATS is likely wide, driven by lot size, structure condition, proximity to water, and whether a property carries rental history.
The 58-day median DOM is a calibration point for both sides. For a buyer, it signals that reasonable offers on well-priced properties will get a response, but that seller expectations are still anchored at elevated levels. For a seller, it is a reminder that Key West buyers at this price point are sophisticated, often paying cash or using jumbo financing, and will walk away from properties that cannot clear insurance and inspection hurdles. Pricing to the current median rather than to last year's comp is the operative discipline here.
The location and the amenities are priced into every listing in MOFFATS. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
The Florida Keys feed sits outside the typical Northeast Florida inventory we cover daily, which means the value we bring here is analytical discipline and transaction process — not off-market whisper networks. We will read the comp set honestly, flag insurance and flood-zone considerations before you are under contract, and tell you when a listing's days on market reflects a pricing problem versus a product problem. If MOFFATS is not the right fit for your budget or risk tolerance, we will say so before you waste time on a showing.
MOFFATS 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 MOFFATS 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 MOFFATS sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in MOFFATS, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your MOFFATS home worth?
Get a no-obligation home value based on real comparable sales in MOFFATS, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in MOFFATS on the map →
Frequently Asked Questions
What is the median home price in MOFFATS?
How long do homes in MOFFATS take to sell?
Who is the best real estate agent for MOFFATS?
How do I find a top Key West real estate agent who knows MOFFATS?
Can Momentum Realty connect me with an agent for MOFFATS?
Should you buy in MOFFATS?
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 (109 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
More Key West & The Florida Keys & Monroe County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of The Florida Keys & Monroe County or the full Neighborhood Finder.