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Cedar Key, FL Real Estate


According to census data in the year 2000 there were 693 housing units in Cedar Key. This represents a 44.7% growth from 479 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 693 were located in what is classified as a rural area.

Homeownership rate in Cedar Key is about 81.3%. Cedar Key's vacancy rate, including seasonal lodging, is about 42%. Average household size is 1.93 people.

The majority of houses, apartments or condos in Cedar Key were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom19.50%
Two Bedrooms47.90%
Three Bedrooms23.20%
Four Bedrooms4.90%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1975
Median Value of occupied units$135,900
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1979
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2%
Second Mortgage0.80%
Home Equity Loan5.30%
Simple Mortgage35%
Debt Free56.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%