Cedar Key, FL

Buyer's market-50.7% YoY

Housing market overview · Updated weekly

$148,000median sale price

Homes sold

1

Last 12 weeks

Days on market

113

Average pace

Active listings

38

38.0 months supply

Sale-to-list

77.9%

Below asking

The Cedar Key housing market is currently classified as a buyer's market with a median sale price of $148,000. Prices have fallen 50.7% compared to last year, with homes spending an average of 113 days on market, indicating 38.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Cedar Key

There are currently 38 homes listed for sale in Cedar Key, Florida. The median listing price is $370K.

Active listings

38

Homes on market

Median list price

$370K

Avg. days on market

113

Days until sale

New this week

4

Newly listed

Price drops:21.1%of listings
Sale-to-list:77.9%

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Frequently asked questions

What is the average home price in Cedar Key?

The median home sale price in Cedar Key is $148,000, down 50.7% from last year.

How long do homes stay on market in Cedar Key?

Homes typically spend 113 days on market before going under contract.

Is Cedar Key a buyer's or seller's market?

With 38.0 months of supply, Cedar Key is currently a buyer's market.

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