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Preforeclosure Homes in Cedar Key, FL

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Living in Cedar Key, FL

Cedar Key, Florida, is a charming coastal town perfect for those seeking a laid-back lifestyle. Known for its scenic waterfront, abundant outdoor recreational opportunities, and friendly community, Cedar Key offers a unique blend of history and nature. With a vibrant local economy centered around fishing and tourism, this area is ideal for real estate investment.

Current Market Conditions in Cedar Key, FL

The real estate market in Cedar Key is experiencing steady growth, with increasing interest from both investors and home buyers. The supply of homes is currently moderate, providing a good balance between availability and demand, yet prices are on the rise due to the growing popularity of the area.

As more people seek out affordable coastal properties, Cedar Key's market is becoming increasingly attractive. The combination of its natural beauty, recreational activities, and sense of community makes it a smart investment destination.

Home Value Estimator For Cedar Key, FL

There are currently 1,406 real estate properties in Cedar Key, FL, with a median automated valuation model (AVM) price of $290,549.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar Key, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cedar Key, FL, is $327,523.00, with the most expensive house in Cedar Key, FL, topping out at $2,189,300.00 and the cheapest home in Cedar Key, FL, clocking in at $20,245.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar Key, FL!

Rent Prices In Cedar Key, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar Key, FL, is on a rollercoaster ride. The average rent price in Cedar Key, FL, is $915.00. Indeed, when looking to rent in Cedar Key, FL, you can expect to pay as little as $490.00 or as much as $1,970.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Cedar Key, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cedar Key, FL Preforeclosure Homes


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