2

Key West, FL Homes for Sale under $200,000

Section Image
  • 5555 College Rd Unit 5, Key West, FL 33040
    5555 College Rd Unit 5, Key West, FL 33040
    5555 College Rd Unit 5, Key West, FL 33040
    /17

    $199,900

    5555 College Rd Unit 5, Key West, FL 33040

    Well-positioned 30' wet slip located at Sunset Marina on the gated side of the property. This floating concrete dock can accommodate a vessel up to 35' in length and offers deep water access with a 6' control depth -- perfect for easy navigation to both the Gulf and Atlantic waters.Sunset Marina is a full-service marina with on-site fuel, bait, and marina store. Owners of slips on the

    Jimmy Lane Island Life Realty Experts

    5555 College Rd Unit 5, Key West, FL 33040
  • 1801 N Roosevelt Blvd, Key West, FL 33040
    1801 N Roosevelt Blvd, Key West, FL 33040
    1801 N Roosevelt Blvd, Key West, FL 33040
    /20

    $169,000

    • Land
    • 0 Sq Ft

    1801 N Roosevelt Blvd, Key West, FL 33040

    The ultimate waterfront living with this 34' 1987 Corker Holiday Mansion Houseboat at the City's Garrison Bight Marina. Sold together with the leasehold slip for a seamless transition into your new marina lifestyle

    Randy Moss Coldwell Banker Schmitt RE Co

    1801 N Roosevelt Blvd, Key West, FL 33040
Florida Monroe County Key West

Real Estate & Homes in Key West, FL under $200,000

Home Trends in Key West, FL

On average, homes in Key West, FL sell after 114 days on the market compared to the national average of 56 days. The median sale price for homes in Key West, FL over the last 12 months is $1,150,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$1,150,000
Median Single Family Sale Price
$1,350,000
Median Townhouse Sale Price
$675,000
Median 2 Bedroom Sale Price
$840,000
Median 1 Bedroom Sale Price
$599,450
Average Price Per Sq Ft
$1,007
Number of Homes for Sale
292
Last 12 months Home Sales
392
Months of Supply
8.90
Median List Price
$1,350,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
8%
How to Buy a Home How to Finance a Home How to Sell a Home

In Key West, you'll find a diverse selection of properties with 2 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Key West, FL.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group