Key West, FL Real Estate
According to census data in the year 2000 there were 13,307 housing units in Key West.
This represents a 8.9% growth from 12,221 in 1990.
Of those housing units, 13,296 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Key West is about 45.6%.
Key West's vacancy rate, including seasonal lodging, is about 17.2%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Key West were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.10% |
| One Bedroom | 21.30% |
| Two Bedrooms | 43.80% |
| Three Bedrooms | 23.80% |
| Four Bedrooms | 4.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $265,800 |
| Median Price asked for vacant units | $442,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $831 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.70% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 46.40% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.8% |
