1. States
  2. /Florida
  3. /Monroe County
  4. /Key West

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Showing latest year with year-over-year changes. Full permit history available with a paid plan. See products & pricing →

Year

Insightsi

Construction activity in 2024 was down 87.5% from the prior year, with 27 housing units permitted.

  • •Below-average activity — less than half the typical pace.
  • •59% more units than the average Monroe County town (17), suggesting faster-than-typical growth.
  • •Average unit valued at $464K — 31% above the Monroe County average of $355K, indicating higher-end construction.
  • •33.3% of new units were multi-family (apartments, condos, duplexes).

Total Unitsi

27 ▼ 87.5%

2024

Total Valuei

$12.5M ▼ 79.3%

2024

Single-Familyi

66.7%

18 units

Multi-Familyi

33.3%

9 units

Key West vs. Avg. Monroe Co. Town (2024)i

Key WestAvg.Diff
Total Unitsi2717+59%
Total Valuei$12.5M$6.0M+107%
Single-Familyi1812+50%
Multi-Familyi95+80%
Buildingsi2113+62%
Value / Uniti$464K$355K+31%

Housing Units Permittedi

Solid line is Key West; dashed line is Monroe County average.

Construction Valuei

Solid line is Key West; dashed line is Monroe County average.

Census BPS