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Foreclosure Homes in Key West, FL

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Venetian-dr-Key-west-FL-33040
Foreclosure
$729,467 EMV

Venetian Dr
Key West, FL 33040

Seidenberg-ave-Key-west-FL-33040
Preforeclosure
$517,735 EMV

Seidenberg Ave
Key West, FL 33040

4 Bed | 2 Bath | 1,221 Sq. Ft.

Fleming-st-b-3-Key-west-FL-33040
Preforeclosure

Fleming St B-3
Key West, FL 33040

Peninsular-ave-unit-101-Stock-island-FL-33040
Preforeclosure

Peninsular Ave Unit 101
Stock Island, FL 33040

Peninsular-ave-unit-204-Stock-island-FL-33040
Preforeclosure

Peninsular Ave Unit 204
Stock Island, FL 33040

Simonton-st-Key-west-FL-33040
Preforeclosure
$543,745 EMV

Simonton St
Key West, FL 33040

2 Bed | 2 Bath | 1,092 Sq. Ft.

Duncan-st-Key-west-FL-33040
Preforeclosure
$502,508 EMV

Duncan St
Key West, FL 33040

2 Bed | 1 Bath | 817 Sq. Ft.

Geiger-rd-#-40-Key-west-FL-33040
Bankruptcy

Geiger Rd # 40
Key West, FL 33040

Riviera-dr-Key-west-FL-33040
Bankruptcy
$503,512 EMV

Riviera Dr
Key West, FL 33040

2 Bed | 1,329 Sq. Ft.

Boca-chica-rd-lot-lot98-Key-west-FL-33040
Tax Lien

Boca Chica Rd Lot Lot98
Key West, FL 33040

1 Bed | 620 Sq. Ft.

Displaying 1 - 10 of 536

Foreclosure Homes in Key West, FL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Key West, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Key West, FL and much more. Save thousands at closing with home foreclosure listings in Key West, FL — up to 75% off market value!


Top Reasons To Live In Key West, FL In 2021

Key West is located in Monroe, Florida, with an estimated municipal population of 24,118 residents. All of the best foreclosed homes for sale in Key West are located in the following zip code areas on Foreclosure.com: 33040 33041 33045. The estimated population per square kilometer (.62 miles) in Key West is 1,665.


Cost Of Living In Key West, FL

So, about how much do homes cost in Key West? The most recent median value of resident-owned homes in Key West is 613,182. An estimated 40.7 percent of households in Key West own their homes, with an average family size of 2.81. The median household income in Key West is 69,630, with32.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Key West, the median commute time of resident workers (in minutes) is 13.2. And last, but certainly not least, are you looking for homes to rent in Key West? If so, the average rent price paid by renters in Key West is 1,816, according to recent statistics.


Diversity And Demographics In Key West, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Key West, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Key West is 40.9, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in Key West is 46, with an average family size of 2.81.

The percentage of residents who report their race in Key West is as follows:

White 79.7%
Black / African American 14%
Asian 2%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 1.3%
Other 2.7%

Looking for family-friendly neighborhoods in and/or near Key West? Or maybe you are searching for 55+ active adult communities in and/or near Key West?

The percentage of residents who report their age in Key West is as follows:

Under 10 9.1%
Aged 10-19 7.7%
20s 13.3%
30s 17.8%
40s 14.4%
50s 14.3%
60s 11.7%
70s 7.8%
80+ 3.9%

Best Schools In Key West, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Key West with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Key West.


Pros And Cons Of Living In Key West, Florida

How do you know that living in -- or moving to -- Key West is right where you need to be? Perhaps you grew up in Key West or already live nearby; therefore, the decision to buy a home in Key West is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Key West for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Key West:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Key West.


Reasons To Move To Key West, Florida, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Key West can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Key West, meanwhile, can field multiple offers from more qualified buyers.

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