Is Cedar Key-Yankeetown, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Cedar Key-Yankeetown is a seller's market


Difference Since August 2022

At the same time last year, Cedar Key-Yankeetown was a Buyer's Market.

Key Takeaway

Cedar Key-Yankeetown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Cedar Key-Yankeetown, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Cedar Key-Yankeetown have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in Cedar Key-Yankeetown was $250,500 in August 2023, down 7.2% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $105K$147.4K
2 $260.5K$237.9K
3 $286.9K$275K
4 $264.9K$277.5K
5+ -$445K

Summary: Cedar Key-Yankeetown housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 40.4%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Key-Yankeetown

Housing Supply

How many homes are available in Cedar Key-Yankeetown, FL?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Cedar Key-Yankeetown real estate market had 34 homes for sale in August 2023, a 3.0% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 31
2 1217
3 1311
4 44
5+ 11

Summary: The Cedar Key-Yankeetown housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Key-Yankeetown, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Cedar Key-Yankeetown in August 2023, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market

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

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cedar Key-Yankeetown are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 7 homes were sold in Cedar Key-Yankeetown; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

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Nearby Markets

What housing markets are near Cedar Key-Yankeetown, FL?