Real Estate Market Update for 33040 (Key West, FL)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 69% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was over 3-million dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and held steady month-over-month. ... an indication that local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 33040 (Key West, FL)
Area Information for 33040 (Key West, FL)
  • Population: 34,532
  • Median Age: 43.23 yr
  • Median Commute Time: 13 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 1,867/sq mi
  • Population Change Since 2000: .6%
  • Closest Airport: Key West International
  • Closest College: Edison State College-collier Campus
  • Closest Jr. College: Florida Keys Community College
  • Median Household Income: $61,684
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $437,800
  • Closest Major Sports Team: Miami Marlins
  • Change Avg. Household Income Since 2000: 41.71%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33040 (Key West, FL)
Median Age: 43.23 Married: 34% Number of Households: 14,863 Households with Children: 3,062
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33040 (Key West, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Key West Collegiate School 3.7 mi Public 9-12 3 0
      Keys Center 3.7 mi Public 8-12 0 0
      Adult/vocational/community Education 3.7 mi Public UNGRADE-UNGRADE 0 0
      Gerald Adams Elementary School 3.8 mi Public PRESCHOOL-5 3 0
      Poinciana Elementary School 5.2 mi Public PRESCHOOL-5 3 0
      Sigsbee Charter School 5.5 mi Public K-8 5 0
      Grace Lutheran 5.6 mi Private PRESCHOOL-8 0 0
      Key West High School 6.0 mi Public 9-12 4 3
      Horace O'bryant School 6.6 mi Public K-8 2 0
      Academic Connections For Excellence 6.7 mi Public 6-12 0 0
      Key West Montessori Charter School, Inc 6.8 mi Public 1-7 4 0
      Montessori Children's School Of Key West 6.9 mi Private PRESCHOOL-K 0 0
      District Virtual Instruction Program 7.2 mi Public K-12 0 0
      Monroe Virtual Instruction Program 7.2 mi Public UNGRADE-UNGRADE 0 0
      The Basilica School Of Saint Mary 7.3 mi Catholic PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 33040 (Key West, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.