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Permit-issuing place

Monroe County Unincorporated Area

Monroe County · Key West-Key Largo, FL · Florida

Permits through August 2026Yearly permits since 1995Monroe County index 1981–2025
FHFA house price index for Monroe County, which contains Monroe County Unincorporated Area, 1981 to 2025Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,5002,0001990200020102020United States2025: 1,544
Monroe County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Monroe County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

In the 12 months to August 2026, building permits in Monroe County Unincorporated Area, Florida, covered 156 housing units (−11.4% year on year); the place lies in Monroe County.

135 of those units were single-family houses (87%), 6 were in two- to four-unit buildings and 15 in buildings of five or more units.

Since 1995 the place has authorised 5,625 units, with the busiest year 2018 (363 units). Monroe County's FHFA house price index rose +118.3% over the ten years to 2025.

156units permitted, 12 months to August 2026−11.4% on the previous 12 months
135single-family units87% of the total
15units in 5+ unit buildings10% of the total
—units per 1,000 residentsMonroe County 3.7 · Florida 6.7

Permits by month and structure type

Housing units authorised in Monroe County Unincorporated Area by month, latest 24 months01020Sep 2024: 14 units (14 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 16 units (16 single-family, 0 in multi-unit buildings)Nov 2024: 12 units (12 single-family, 0 in multi-unit buildings)Dec 2024: 13 units (13 single-family, 0 in multi-unit buildings)Dec 2024Jan 2025: 14 units (14 single-family, 0 in multi-unit buildings)Feb 2025: 13 units (13 single-family, 0 in multi-unit buildings)Mar 2025: 14 units (14 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 13 units (13 single-family, 0 in multi-unit buildings)May 2025: 17 units (12 single-family, 5 in multi-unit buildings)Jun 2025: 19 units (13 single-family, 6 in multi-unit buildings)Jun 2025Jul 2025: 15 units (10 single-family, 5 in multi-unit buildings)Aug 2025: 16 units (11 single-family, 5 in multi-unit buildings)Sep 2025: 15 units (10 single-family, 5 in multi-unit buildings)Sep 2025Oct 2025: 17 units (12 single-family, 5 in multi-unit buildings)Nov 2025: 8 units (8 single-family, 0 in multi-unit buildings)Dec 2025: 14 units (9 single-family, 5 in multi-unit buildings)Dec 2025Jan 2026: 10 units (10 single-family, 0 in multi-unit buildings)Feb 2026: 10 units (10 single-family, 0 in multi-unit buildings)Mar 2026: 12 units (12 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 13 units (13 single-family, 0 in multi-unit buildings)May 2026: 12 units (12 single-family, 0 in multi-unit buildings)Jun 2026: 13 units (13 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 16 units (13 single-family, 3 in multi-unit buildings)Aug 2026: 16 units (13 single-family, 3 in multi-unit buildings)

Housing units authorised in Monroe County Unincorporated Area by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026Monroe County Unincorporated AreaMonroe CountyFloridaUnited States
All housing units156296158,3701,418,086
Single-family (1 unit)135 (87%)213 (72%)108,676 (69%)888,241 (63%)
2 units042,20834,814
3–4 units61093817,298
5 or more units15 (10%)69 (23%)46,548 (29%)477,733 (34%)
Units per 1,000 residents—3.76.74.1
Change on previous 12 months−11.4%−0.7%−7.4%−0.1%

Permits by year since 1995

Housing units authorised in Monroe County Unincorporated Area by year, 1995–202502004001995: 298 units (296 single-family, 2 in multi-unit buildings)19951996: 205 units (205 single-family, 0 in multi-unit buildings)1997: 194 units (190 single-family, 4 in multi-unit buildings)1998: 150 units (150 single-family, 0 in multi-unit buildings)1999: 226 units (226 single-family, 0 in multi-unit buildings)2000: 123 units (123 single-family, 0 in multi-unit buildings)20002001: 115 units (115 single-family, 0 in multi-unit buildings)2002: 195 units (127 single-family, 68 in multi-unit buildings)2003: 283 units (115 single-family, 168 in multi-unit buildings)2004: 215 units (215 single-family, 0 in multi-unit buildings)2005: 238 units (215 single-family, 23 in multi-unit buildings)20052006: 210 units (196 single-family, 14 in multi-unit buildings)2007: 155 units (148 single-family, 7 in multi-unit buildings)2008: 120 units (103 single-family, 17 in multi-unit buildings)2009: 71 units (69 single-family, 2 in multi-unit buildings)2010: 232 units (86 single-family, 146 in multi-unit buildings)20102011: 110 units (74 single-family, 36 in multi-unit buildings)2012: 171 units (82 single-family, 89 in multi-unit buildings)2013: 104 units (104 single-family, 0 in multi-unit buildings)2014: 105 units (105 single-family, 0 in multi-unit buildings)2015: 111 units (111 single-family, 0 in multi-unit buildings)20152016: 113 units (113 single-family, 0 in multi-unit buildings)2017: 129 units (101 single-family, 28 in multi-unit buildings)2018: 363 units (145 single-family, 218 in multi-unit buildings)2019: 159 units (159 single-family, 0 in multi-unit buildings)2020: 177 units (104 single-family, 73 in multi-unit buildings)20202021: 360 units (72 single-family, 288 in multi-unit buildings)2022: 157 units (121 single-family, 36 in multi-unit buildings)2023: 177 units (177 single-family, 0 in multi-unit buildings)2024: 180 units (148 single-family, 32 in multi-unit buildings)2025: 179 units (149 single-family, 30 in multi-unit buildings)2025

Housing units authorised in Monroe County Unincorporated Area by year, 1995–2025single-family2+ unit buildings

5,625 units since 1995; the busiest year was 2018. Annual figures include units imputed for months a place did not report.

Home prices in Monroe County

FHFA's index for Monroe County rose +118.3% over the ten years to 2025 (+8.1% a year) and +2.1% in the latest year, against +126.8% and −0.5% for Florida. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Monroe County Unincorporated Area, FL?

156 housing units were authorised by building permits in the 12 months to August 2026, against 176 in the previous 12 months.

What kind of housing is being permitted in Monroe County Unincorporated Area?

135 single-family units, 0 in two-unit buildings, 6 in three- and four-unit buildings and 15 in buildings of five or more units.

How does Monroe County Unincorporated Area compare with its county and state?

No population estimate is attached to this permit-issuing area, so a per-resident rate is not shown; Monroe County runs at 3.7 units per 1,000 residents and Florida at 6.7.

How have home prices moved in Monroe County?

FHFA's index for Monroe County rose +118.3% over the ten years to 2025 and +2.1% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 573000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.