Housing Prices in Cedar Key, FL

How much do homes in Cedar Key, FL cost?

Median List Price

$354,000

$403/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$131,500(-27.1%)

Key Takeaway

The list price of homes in Cedar Key has decreased by 27.1% since last year.

Summary: The median home list price in Cedar Key was $354,000 in March 2024, down 27.1% from the previous year, and the median price per square foot was $403.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $149.9K$171K
+14.1%
2 $411.5K$515.5K
+25.3%
3 $580.2K$329K
-43.3%
4 -$224.9K
N/A
5+ --
N/A

Summary: Cedar Key housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 25.3%, 3 bedroom homes decreased by 43.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Cedar Key-Yankeetown
+2.6%
Cedar Key
-27.1%

Housing Supply in Cedar Key, FL

How many homes are available in Cedar Key, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
56+20.0%

Summary: The Cedar Key real estate market had 6 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cedar Key housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Cedar Key, FL

How long does it take to sell a home in Cedar Key, FL?

Average Listing Age

Mar 2023Mar 2024CHANGE
171 Days119 Days-30.2%

Summary: Homes in Cedar Key had an average listing age of 119 days in Mar 2024, down by 30.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Cedar Key, FL

Nearby Markets to Cedar Key, FL

What housing markets are near Cedar Key, FL?