Housing Prices in Cedar Key, FL
How much do homes in Cedar Key, FL cost?
Median List Price
$477,499
$366/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Cedar Key has increased by 45.6% since last year.
Summary: The median home list price in Cedar Key was $477,499 in May 2024, up 45.6% from the previous year, and the median price per square foot was $366.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | $160K | +6.7% |
| 2 Bedrooms | $327K | $515K | +57.5% |
| 3 Bedrooms | $329K | $459K | +39.5% |
| 4 Bedrooms | $224.9K | $422.4K | +87.8% |
| 5+ Bedrooms | - | $1.4M | N/A |
Summary: Cedar Key housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 57.5%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 87.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Cedar Key | $328K | $477.4K | +45.6% |
| Cedar Key-Yankeetown | $282.4K | $359K | +27.1% |
Housing Supply in Cedar Key, FL
How many homes are available in Cedar Key, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The Cedar Key real estate market had 10 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cedar Key housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Cedar Key, FL
How long does it take to sell a home in Cedar Key, FL?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 118 Days | 85 Days | -27.8% |
Summary: Homes in Cedar Key had an average listing age of 85 days in May 2024, down by 27.8% compared to the previous year.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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