Neighborhood · Key West, Florida
New Town
Practical island living on the quieter side of the island
1
Homes for sale
$599,000
Median list price
$560
Avg price / sqft
1
Median days on market
New Town is the working, everyday side of Key West — the part of the island where residents actually run their errands, drop kids at school, and settle into a routine rather than chase a postcard. It sits a comfortable distance from the crowds of South Old Town and North Old Town, with the resort feel of Casa Marina and the mid-island convenience of Midtown East both within reach. Families here are zoned for Key West High School and Horace O'Bryant School, which keeps it grounded in real neighborhood life.
New Town is a community in Key West, Florida.
Quick facts
$599,000 – $599K price range
1,069 sqft median home
$662/mo median HOA
$2,500/mo median rent
2 sold in 12 months
On the market now
Homes for sale in New Town
Every active listing inside the New Town boundary
Open full map search →Find your fit
Browse New Town
By feature — on the live map
The numbers that matter
The New Town market
2
Sold, last 12 months
$785,000
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
66 days
Median time to sell
New Town vs Key West
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 17.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the New Town boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools New Town is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median New Town home
≈ $4,405/mo
$599,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$662/mo
Median HOA
From current listings inside the boundary
$2,500/mo
Median rent
Homes for rent inside the boundary
Population
8,752
Median age
46
Median income
$72,506
Median home value
$664,324
Beyond the listings
Living in New Town
Hobbies & Interests
Top 2% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Culture
Top 14% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Lifestyles
Top 19% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Hobbies & Interests
Top 20% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Entertainment
Top 21% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Straight answers
New Town FAQs
Is New Town a good place to live?+
It's the practical, residential heart of Key West — closer to schools, groceries, and daily life than the tourist-heavy historic core. Families appreciate the assignment to Poinciana Elementary School and the shorter hops to the rest of the island. If you want to actually live in Key West rather than vacation in it, this is where you look.
Is New Town expensive?+
By Key West standards it's more attainable than the waterfront and historic districts, though the island is never cheap. The one active listing is priced at $599,000, while homes that closed over the past year had a median sold price of $785,000. Expect to pay a premium for any island address, but New Town tends to sit below the trophy-property tier.
What do homes cost in New Town?+
The current active listing is $599,000 at about $560 per square foot for roughly 1,069 square feet. Over the last 12 months, the two recorded sales came in at a median of $785,000. You can track new inventory as it lists on the live map.
How is the market right now?+
It's tight and quick — there's just 1 active listing, and the median time on market is only 1 day. Sellers have been getting about 96% of their asking price, so well-priced homes don't linger. With so little inventory, serious buyers should be ready to move fast and watch Key West homes for sale closely.
What about HOA fees and property taxes?+
The median HOA here runs about $662 per month, which reflects condo and managed-community ownership common on the island. Property taxes come in around $4,520 a year at current levels. If you're weighing renting first, the median rent in the area is about $2,500 per month.
Keep exploring
More Key West neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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