Question 1

What is the average home price in Key West, Florida?

Accepted Answer

The median home price in Key West is $1,007,374. Prices vary by neighborhood and property type — a local real estate agent can give you a current comparative market analysis for the specific area and home size you're targeting.

Question 2

How long does it take to sell a home in Key West?

Accepted Answer

Homes in Key West spend an average of 151 days on the market. Well-priced, well-presented homes in desirable neighborhoods often sell faster, while properties that need work or are priced above market may take longer.

Question 3

How do I find the best real estate agent in Key West, Florida?

Accepted Answer

Look for agents with documented sales history, strong local reviews, and direct experience in Key West's neighborhoods. Best Luxury Home Agents ranks the highest-performing agents in Key West based on documented sales volume, client ratings, and market expertise — all agents listed here meet a minimum 4.5-star rating threshold.

Question 4

Do I need a buyer's agent to purchase a home in Key West?

Accepted Answer

In Florida, buyers are not legally required to use an agent, but working with one is strongly recommended. A local buyer's agent in Key West will have access to off-market listings, negotiate on your behalf, and guide you through inspection, financing, and closing — at no direct cost to you (seller typically covers commissions).

Question 5

How much does a real estate agent cost in Key West?

Accepted Answer

In Florida, total agent commission is typically 4–6% of the sale price, split between the buyer's and seller's agents. Since the NAR settlement in 2024, commission structures have become more flexible — ask any listed agent for a clear breakdown of their fees before signing.

Question 6

What questions should I ask a real estate agent in Key West?

Accepted Answer

Ask about their recent sales in Key West specifically, how many transactions they've closed in the last 12 months, how they'll market your home (or source listings for buyers), their communication style, and whether they work solo or with a team. A strong local agent will have direct answers for all of these.

The best luxury home agents in Key West

Tommy Mack

Ellen Gvili

The Lisa Ferringo Group

Vic Musmanno

The Spottswood Team

Team Kaufelt

Justyn Ewald

Bascom L. Grooms IV

Margarita Villoch

Brenda Donnelly

Last Key Realty

Leigh Ann Roach

Frequently Asked Questions — Key West Real Estate