Zip Code: 33040 (Key West, Florida) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 33040 Zip Code (Key West, Florida) in January 2026 was $941,868.806. The month over month percentage change (MoM) was 0.07%, and the year over year percentage change (YoY) was -5.27%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 33040 zip code (Key West, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 33040 zip code (Key West, Florida).

You can see similar information for other Florida zip codes, and for Florida.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 33040 (Key West, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 33040 (Key West, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 524600.3407809361 Infinity Infinity
Mar 2016 528270.1229108885 0.70 Infinity
Apr 2016 531789.7477867656 0.67 Infinity
May 2016 538404.0376936587 1.24 Infinity
Jun 2016 543786.8592973716 1.00 Infinity
Jul 2016 549325.4862027429 1.02 Infinity
Aug 2016 555225.8747333977 1.07 Infinity
Sep 2016 560867.3294217765 1.02 Infinity
Oct 2016 565543.1671173415 0.83 Infinity
Nov 2016 564969.5728818849 -0.10 Infinity
Dec 2016 562426.1300083474 -0.45 Infinity
Jan 2017 558157.9152036677 -0.76 Infinity
Feb 2017 558300.0652091865 0.03 6.42
Mar 2017 561828.8185147084 0.63 6.35
Apr 2017 566820.678444881 0.89 6.59
May 2017 570171.0177572187 0.59 5.90
Jun 2017 573001.5742814514 0.50 5.37
Jul 2017 576788.9337115843 0.66 5.00
Aug 2017 582480.0327399707 0.99 4.91
Sep 2017 586587.0589550224 0.71 4.59
Oct 2017 590064.2383879933 0.59 4.34
Nov 2017 594469.8838530841 0.75 5.22
Dec 2017 601775.464577144 1.23 7.00
Jan 2018 606784.2147667767 0.83 8.71
Feb 2018 605039.6760952522 -0.29 8.37
Mar 2018 598583.9270895239 -1.07 6.54
Apr 2018 592010.9771578381 -1.10 4.44
May 2018 590551.2093865426 -0.25 3.57
Jun 2018 590141.4372897628 -0.07 2.99
Jul 2018 591587.9060748725 0.25 2.57
Aug 2018 593633.931988971 0.35 1.92
Sep 2018 596766.8616992381 0.53 1.74
Oct 2018 601153.4257061577 0.74 1.88
Nov 2018 606313.7614057163 0.86 1.99
Dec 2018 614474.406846472 1.35 2.11
Jan 2019 618113.19117921 0.59 1.87
Feb 2019 617440.5105468538 -0.11 2.05
Mar 2019 612465.634765841 -0.81 2.32
Apr 2019 609073.6430110844 -0.55 2.88
May 2019 607317.6798024896 -0.29 2.84
Jun 2019 606834.5730893798 -0.08 2.83
Jul 2019 608121.8516173078 0.21 2.80
Aug 2019 610233.1306256128 0.35 2.80
Sep 2019 612243.5615264998 0.33 2.59
Oct 2019 614501.1475365428 0.37 2.22
Nov 2019 618422.3580784261 0.64 2.00
Dec 2019 623127.0051166363 0.76 1.41
Jan 2020 630123.8179741993 1.12 1.94
Feb 2020 637725.3828597744 1.21 3.29
Mar 2020 644607.8021843147 1.08 5.25
Apr 2020 646872.0746140935 0.35 6.21
May 2020 645463.5820804514 -0.22 6.28
Jun 2020 643332.7424730192 -0.33 6.02
Jul 2020 643394.2238678965 0.01 5.80
Aug 2020 646472.4460331382 0.48 5.94
Sep 2020 651973.95489973 0.85 6.49
Oct 2020 659253.8384256548 1.12 7.28
Nov 2020 669125.0654635495 1.50 8.20
Dec 2020 679070.7957176833 1.49 8.98
Jan 2021 686941.0999610252 1.16 9.02
Feb 2021 692380.0439212687 0.79 8.57
Mar 2021 698286.5633098223 0.85 8.33
Apr 2021 707140.9968990529 1.27 9.32
May 2021 718662.723494725 1.63 11.34
Jun 2021 732738.7789059909 1.96 13.90
Jul 2021 745943.4548916774 1.80 15.94
Aug 2021 755836.2520710774 1.33 16.92
Sep 2021 762396.2527562788 0.87 16.94
Oct 2021 770817.7850424949 1.11 16.92
Nov 2021 782803.9164585808 1.56 16.99
Dec 2021 799366.9138065642 2.12 17.72
Jan 2022 821447.6674351298 2.76 19.58
Feb 2022 849848.0017669002 3.46 22.74
Mar 2022 882722.9876942231 3.87 26.41
Apr 2022 915414.1217222348 3.70 29.45
May 2022 946896.8599331743 3.44 31.76
Jun 2022 973433.8616643761 2.80 32.85
Jul 2022 987291.0669099484 1.42 32.35
Aug 2022 987486.6076980747 0.02 30.65
Sep 2022 978615.7398008443 -0.90 28.36
Oct 2022 972363.3452581322 -0.64 26.15
Nov 2022 970537.1135693705 -0.19 23.98
Dec 2022 970141.2515686722 -0.04 21.36
Jan 2023 965830.8424497457 -0.44 17.58
Feb 2023 960652.5032681507 -0.54 13.04
Mar 2023 956955.0441902109 -0.38 8.41
Apr 2023 963290.5127410357 0.66 5.23
May 2023 975551.7837499315 1.27 3.03
Jun 2023 990605.0089443047 1.54 1.76
Jul 2023 1001058.7710269238 1.06 1.39
Aug 2023 1006957.1825311339 0.59 1.97
Sep 2023 1009976.5767125878 0.30 3.21
Oct 2023 1012997.0380587806 0.30 4.18
Nov 2023 1016198.1221910343 0.32 4.71
Dec 2023 1021283.1958820103 0.50 5.27
Jan 2024 1025001.5678152872 0.36 6.13
Feb 2024 1026888.9337533998 0.18 6.90
Mar 2024 1028460.2119665256 0.15 7.47
Apr 2024 1028991.6833986798 0.05 6.82
May 2024 1027428.3168039356 -0.15 5.32
Jun 2024 1022820.3894255618 -0.45 3.25
Jul 2024 1018761.2326570518 -0.40 1.77
Aug 2024 1016902.5610117201 -0.18 0.99
Sep 2024 1016375.7425705834 -0.05 0.63
Oct 2024 1013541.5798458891 -0.28 0.05
Nov 2024 1006751.9783895221 -0.67 -0.93
Dec 2024 999588.1233079595 -0.71 -2.12
Jan 2025 994280.5967765823 -0.53 -3.00
Feb 2025 993105.8018099464 -0.12 -3.29
Mar 2025 991611.4649009794 -0.15 -3.58
Apr 2025 988522.4520737658 -0.31 -3.93
May 2025 982405.6987610189 -0.62 -4.38
Jun 2025 973646.5254626884 -0.89 -4.81
Jul 2025 964616.4652082311 -0.93 -5.31
Aug 2025 956066.3149567976 -0.89 -5.98
Sep 2025 949895.0367442202 -0.64 -6.54
Oct 2025 945477.2058262965 -0.46 -6.71
Nov 2025 942947.9352041212 -0.27 -6.34
Dec 2025 941204.446541849 -0.18 -5.84
Jan 2026 941868.805745182 0.07 -5.27