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.