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Short Sale Listings in Cedar Key, FL

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Living in Cedar Key, FL

Cedar Key, Florida, is a charming coastal town with a rich heritage and a laid-back vibe. Known for its delicious seafood and beautiful natural surroundings, it offers countless outdoor activities. Residents enjoy a strong sense of community, historic landmarks, and an eclectic mix of shops and galleries.

Current Market Conditions in Cedar Key, FL

Cedar Key's real estate market is currently stable, with a mix of vacation rentals and permanent residences. Properties are moderately priced, appealing to both investors and homebuyers looking for a future getaway destination. The demand for coastal homes remains high due to the area's natural beauty and the appeal of waterfront living.

In recent months, Cedar Key has seen a slight increase in property values, driven by rising demand for vacation rentals as tourism grows following the pandemic. However, the market remains accessible, with various price points for interested buyers.

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 $288,000.00. 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 $328,423.00, with the most expensive house in Cedar Key, FL, topping out at $2,139,000.00 and the cheapest home in Cedar Key, FL, clocking in at $21,698.00. 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 Short Sale Listings


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