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Key West, FL Housing

 
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As of 2010-2014, median price of a house in Key West is $430,900, which is much higher than the state average of $156,200 and is much higher than the national average of $175,700. The Key West median house value has grown by 62.11% since 2000. The growth rate for the price of a house in Key West is higher than the state average rate of 48.06% and is higher than the national average rate of 46.91%. The median year that a house in Key West was built is 1967, which is older than the median year for a house built in the state which is 1985 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 4,052 Owner Occupied Houses in Key West, FL, #41
Key West, FL
430,900 USD
Florida
156,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #202
Key West, FL
62.11%
Florida
48.06%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Key West, FLFloridaU.S.
Total Housing Units14,213, see rank, 100%9,051,851132,741,033
Occupied Housing Units9,226, 64.91%, see rank79.74%87.55%
Owner Occupied4,052, 28.51%, see rank52.73%56.34%
Renter Occupied5,174, 36.40%, see rank27.01%31.21%
Vacant Housing Units4,987, 35.09%, see rank20.26%12.45%
For Rent905, 6.37%, see rank2.97%2.34%
For Sale Only178, 1.25%, see rank1.66%1.20%
Rented or Sold, Not Occupied370, 2.60%, see rank1.21%0.92%
For Seasonal, Recreational, or Occasional Use2,791, 19.64%, see rank9.84%3.97%
For Migrant Workers49, 0.34%, see rank0.04%0.03%
Other Vacant694, 4.88%, see rank4.54%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #821
Key West, FLFloridaU.S.
196719851976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Key West, FL%FloridaU.S.
Owner-Occupied Units4,052100%4,772,94474,787,460
With a Mortgage2,29056.52%, see rank61.11%65.58%
Without a Mortgage1,76243.48%, see rank38.89%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Key West, FL
2,483 USD
Florida
1,480 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsKey West, FL%FloridaU.S.
$299 or Less00.00%, see rank0.21%0.20%
$300 to $49900.00%, see rank1.53%1.59%
$500 to $699140.61%, see rank5.00%5.01%
$700 to $999672.93%, see rank14.91%14.32%
$1,000 to $1,49927011.79%, see rank29.50%27.90%
$1,500 to $1,99948521.18%, see rank21.21%20.35%
$2,000 to $2,99961226.72%, see rank18.45%19.52%
$3,000 or More84236.77%, see rank9.20%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Key West, FL
39.40% of the Total Income
Florida
26.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Key West, FL%FloridaU.S.
10% or Less572.49%, see rank4.76%5.86%
10% to 20%29012.66%, see rank25.89%31.95%
20% to 30%40417.64%, see rank25.92%27.64%
30% to 40%40017.47%, see rank14.93%13.74%
40% or More1,11348.60%, see rank27.62%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Key West, FL
750 USD
Florida
469 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsKey West, FL%FloridaU.S.
$199 or Less201.14%, see rank9.06%7.76%
$200 to $2991035.85%, see rank13.71%14.70%
$300 to $49940322.87%, see rank32.19%34.63%
$500 to $69927415.55%, see rank22.09%21.16%
$700 or More96254.60%, see rank22.95%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Key West, FL
14.30% of the Total Income
Florida
13.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Key West, FL%FloridaU.S.
10% or Less66437.68%, see rank36.34%40.19%
10% to 20%42223.95%, see rank31.41%31.47%
20% to 30%19811.24%, see rank12.98%12.24%
30% to 40%864.88%, see rank6.40%5.64%
40% or More36020.43%, see rank10.85%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Key West, FLFloridaU.S.
Total Housing Units14,213, 100%9,051,851132,741,033
1-unit, Detached5,312, 37.37%, see rank54.16%61.65%
1-unit, Attached1,735, 12.21%, see rank6.28%5.82%
2 Units1,094, 7.70%, see rank2.17%3.75%
3 or 4 Units1,551, 10.91%, see rank3.85%4.43%
5 to 9 Units1,369, 9.63%, see rank5.03%4.78%
10 or More Units2,679, 18.85%, see rank19.24%13.08%
Mobile Home, Boat, RV, Van, etc.473, 3.33%, see rank9.28%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Key West, FLFloridaU.S.
Total Housing Units14,213, 100%9,051,851132,741,033
1 Room339, 2.39%, see rank1.65%1.95%
2 Rooms893, 6.28%, see rank2.16%2.48%
3 Rooms3,033, 21.34%, see rank10.38%9.13%
4 Rooms4,347, 30.58%, see rank21.92%16.60%
5 Rooms2,960, 20.83%, see rank23.70%20.41%
6 Rooms1,513, 10.65%, see rank17.82%18.06%
7 Rooms473, 3.33%, see rank10.59%12.27%
8 Rooms311, 2.19%, see rank6.13%8.48%
9 Rooms or More344, 2.42%, see rank5.66%10.60%
Median Rooms4.20, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Key West, FLFloridaU.S.
Total Housing Units14,213, 100%9,051,851132,741,033
No Bedroom423, 2.98%, see rank1.80%2.17%
1 Bedroom3,144, 22.12%, see rank10.62%11.16%
2 Bedrooms6,548, 46.07%, see rank33.79%26.69%
3 Bedrooms3,333, 23.45%, see rank38.45%39.70%
4 Bedrooms650, 4.57%, see rank12.90%16.05%
5 or More Bedrooms115, 0.81%, see rank2.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Key West, FLFloridaU.S.
Total Housing Units9,226, 100%7,217,508116,211,092
Utility Gas66, 0.72%, see rank4.53%48.85%
Bottled, Tank, or LP Gas163, 1.77%, see rank1.12%4.86%
Electricity7,425, 80.48%, see rank92.30%36.68%
Fuel Oil, Kerosene, etc.52, 0.56%, see rank0.22%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.20%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.04%0.47%
No Fuel Used1,520, 16.48%, see rank1.56%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalKey West, FLFloridaU.S.
Occupied Units Paying Rent5,017, 100%2,322,94939,201,928
$199 or Less45, 0.90%, see rank1.03%1.50%
$200 to $299116, 2.31%, see rank1.85%3.18%
$300 to $499174, 3.47%, see rank3.93%7.37%
$500 to $699325, 6.48%, see rank11.03%16.01%
$700 to $999441, 8.79%, see rank32.44%29.17%
$1,000 to $1,4991,295, 25.81%, see rank34.44%26.88%
$1,500 to $1,9991,189, 23.70%, see rank10.35%9.79%
$2,000 or More1,432, 28.54%, see rank4.93%6.10%
Median$1,547, see rank$998$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Key West, FLFloridaU.S.
Occupied Housing Units9,226, 100%7,217,508116,211,092
No Vehicles Available1,220, 13.22%, see rank7.09%9.12%
1 Vehicles Available4,528, 49.08%, see rank41.49%33.80%
2 Vehicles Available2,929, 31.75%, see rank37.93%37.48%
3 or More Vehicles Available549, 5.95%, see rank13.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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