$7,778 Closing Credit*
$655,000
2,574 SqFt
3 Beds
•2 Full Baths
Listing Office: Genesis Realty Team LLC
Is Cedar Key-Yankeetown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cedar Key-Yankeetown has remained a Buyer's Market.
Key Takeaway
Cedar Key-Yankeetown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cedar Key-Yankeetown, FL
How much do homes in Cedar Key-Yankeetown, FL cost?
Median Sold Price
$280,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100(0.0%)
Key Takeaway
The sold price of homes in Cedar Key-Yankeetown has remained the same since last year.
Summary: The median home sold price in Cedar Key-Yankeetown was $280,000 in November 2024, the same as last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $460K | +217.2% |
| 2 Bedrooms | $240K | $224.9K | -6.3% |
| 3 Bedrooms | $295K | $350K | +18.6% |
| 4 Bedrooms | $335K | $329K | -1.8% |
| 5+ Bedrooms | - | $874.5K | N/A |
Summary: Cedar Key-Yankeetown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 217.2%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Morriston | $250K | $350K | +40.0% |
| Williston-Bronson | $245K | $255K | +4.1% |
| Cedar Key-Yankeetown | $279.9K | $280K | 0.0% |
Housing Supply in Cedar Key-Yankeetown, FL
How many homes are available in Cedar Key-Yankeetown, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 63 | +28.6% |
Summary: The Cedar Key-Yankeetown real estate market had 63 homes for sale in November 2024, a 28.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 23 | 30 | +30.4% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cedar Key-Yankeetown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 30.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Key-Yankeetown, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Cedar Key-Yankeetown in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Cedar Key-Yankeetown, FL
How long does it take to sell a home in Cedar Key-Yankeetown, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 154 Days | +203.9% |
Summary: Homes in Cedar Key-Yankeetown had an average of 154 days on market in Nov 2024, up by 203.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cedar Key-Yankeetown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Cedar Key-Yankeetown; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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