SIALIMStatistical Intelligence for America's Local Investment Markets

33037Key Largo, FL Home Values

Typical home value $1,101,465 as of June 2026 · 2nd of 9 in Key West, FL

Typical value — June 2026
$1,101,465
observed, not a forecast
Past 12 months
+1.9%
trailing year-over-year change
Past 5 years
+37.8%
June 2021 to June 2026
Rank in metro
2nd
of 9 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 33037, June 2021 to June 2026. This page shows observed data only; no forecast.

How 33037 compares in the Key West, FL area

ZIP code 33037 (Key Largo, FL) has a typical home value of $1,101,465 as of June 2026, ranking 2nd of 9 ZIP codes tracked in the Key West, FL area, more expensive than about 89% of ZIP codes in the metro. Prices here have moved +1.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.8%, from $799,184 in June 2021 to $1,101,465 in June 2026. Against observed rent, the typical home here sells for 31.3× the annual rent ($2,935/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Key West, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Key West.

Population and demographics

ZIP code 33037 has a population of 13,674, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 69.6% White, 26.9% Hispanic or Latino, 1.3% Black or African American, 1.1% two or more races, 0.6% another race, and 0.5% Asian.

Nearby public schools

SchoolAddressDistance
KEY LARGO SCHOOL104801 OVERSEAS HWY, KEY LARGO, FL5.3 mi
OCEAN STUDIES CHARTER100360 OVERSEAS HIGHWAY, KEY LARGO, FL8.7 mi
KEYS GATE CHARTER HIGH SCHOOL2325 SE 28TH AVE, HOMESTEAD, FL15.5 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 33037?

$1,101,465 as of June 2026, the latest month Zillow has published observed data for.

Is 33037 an expensive ZIP code in the Key West, FL area?

33037 ranks 2nd of 9 ZIP codes in the Key West, FL area by typical home value, more expensive than about 89% of ZIP codes in the metro.

How much have home values in 33037 changed over the past year?

+1.9% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 33037?

The typical home price is 31.3× the observed annual rent in this ZIP code ($2,935/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 33037?

13,674, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 33037?

KEY LARGO SCHOOL (5.3 mi), OCEAN STUDIES CHARTER (8.7 mi), KEYS GATE CHARTER HIGH SCHOOL (15.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 33037?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Key West, FL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.