33042 — Summerland Key, FL Home Values
Typical home value $1,035,272 as of June 2026 · 3rd of 9 in Key West, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 33042, June 2021 to June 2026. This page shows observed data only; no forecast.
How 33042 compares in the Key West, FL area
ZIP code 33042 (Summerland Key, FL) has a typical home value of $1,035,272 as of June 2026, ranking 3rd of 9 ZIP codes tracked in the Key West, FL area, more expensive than about 78% of ZIP codes in the metro. Prices here have moved -0.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +33.7%, from $774,312 in June 2021 to $1,035,272 in June 2026. Against observed rent, the typical home here sells for 14.2× the annual rent ($6,067/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 33042 has a population of 6,781, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 80.4% White, 13.1% Hispanic or Latino, 4.1% two or more races, 1.9% Black or African American, and 0.4% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| SUGARLOAF SCHOOL | 255 CRANE BLVD, SUMMERLAND KEY, FL | 1.7 mi |
| BIG PINE ACADEMY | 30220 OVERSEAS HWY, BIG PINE KEY, FL | 9 mi |
| THE COLLEGE OF THE FLORIDA KEYS ACADEMY | 5901 COLLEGE ROAD, KEY WEST, FL | 16.1 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 33042?
$1,035,272 as of June 2026, the latest month Zillow has published observed data for.
Is 33042 an expensive ZIP code in the Key West, FL area?
33042 ranks 3rd of 9 ZIP codes in the Key West, FL area by typical home value, more expensive than about 78% of ZIP codes in the metro.
How much have home values in 33042 changed over the past year?
-0.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 33042?
The typical home price is 14.2× the observed annual rent in this ZIP code ($6,067/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 33042?
6,781, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 33042?
SUGARLOAF SCHOOL (1.7 mi), BIG PINE ACADEMY (9 mi), THE COLLEGE OF THE FLORIDA KEYS ACADEMY (16.1 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 33042?
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.