Cedar Key, FL is an excellent place to invest in housing. The median value of homes is $328,900, which is lower than the US median value of $338,100. Over the last year, the appreciation for houses in Cedar Key has been even higher than the US average at 15%, compared to 8.27%. With such a significant increase in value and a relatively low median price point, this is an ideal location for housing investments.
The median home cost in Cedar Key is $328,900. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Cedar Key is up 20.8%.
Average Age of Homes
- The median age of Cedar Key real estate is 34 years old
The Rental Market in Cedar Key
- Renters make up 14.4% of the Cedar Key population
- 17.2% of houses and apartments in Cedar Key, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.