Median price for residential apartments in as of May, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
77 Cedar Key, FL 32625, USA apartments for sale
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Cedar Key
According to statistics, the population in Cedar Key, FL amounts to 724, which shows growth 7% compared to the previous year. The median age of the city’s residents is 61. The average household income is $43,542, shifting growth 10% from the past year, and the average property value in Cedar Key, FL growth 11% to $190,300 throughout the year.
| Population | 724 |
| Median Age | 60.9 |
| Poverty Rate | 11% |
| Household Income | $43,542 |
| Number Of Employees | 309 |
| Median Property Value | $190,300 |
Household Income
The average household income in Cedar Key, FL grew from $39,632 to $43,542 in the past year. This data is an estimate based upon 348 households in Cedar Key, FL . The chart below presents how household income is distributed in Cedar Key, FL in comparison to the revenue allocation amid households nationally.
- USA
- Cedar Key, FL
Property Value
According to data from last year, the average property value in Cedar Key, FL shifted from $172,000 to $190,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cedar Key, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cedar Key, FL properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
- USA
- Cedar Key, FL
Rent vs. Own
- Rent66%
- Own34%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cedar Key, FL compared to median property taxes around the country. The prevalent amount of property taxes in Cedar Key, FL equals $3000, which is less than the national average.
- USA
- Cedar Key, FL
Housing Trends
Cedar Key, FL 32625, USA Housing Trends
Average sale in Cedar Key: $55,000 (-83%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 2 bed apartments | $399,000 | N/A |
| 3 bed apartments | $249,000 | N/A |
| 4+ bed apartments | $55,000 | N/A |
During May 2021, the average price for an apartment in/near Cedar Key, FL decreased by 83% to $55,000.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $399,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $249,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $55,000 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Houses for sale | $324,000 | N/A |
| Apartments for sale | $55,000 | N/A |
While assessing the property pricing Cedar Key, FL, you can note that it remains flat with a price tag of $55,000. According to statistics, average house is still $324,000 with no significant changes this month.
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