Is Cedar Key, FL 32625 a buyer’s or seller’s market?
Cedar Key is a buyer’s market. With about 10 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 1% of U.S. ZIP codes, and #749 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Cedar Key housing market right now
In the three months ending August 31, 2026, 0% of homes in Cedar Key, FL 32625 sold above their list price, the typical home went under contract in 135 days and there were 10 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (92 days then) and the median sale price fell 8% to $322,361. Overall, Cedar Key is less competitive than a year ago, which gives buyers more room.
Within Levy County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Bronson 32621 (17% sold over asking) and Morriston 32668 (13% sold over asking) are even more competitive.
Run the numbers for 32625
Nearby markets
Bronson 32621Buyer’s market $204 /sq ftChiefland 32626Buyer’s market $197 /sq ftGulf Hammock 32639Seller’s market $527 /sq ftInglis 34449Balanced $200 /sq ft Browse all markets →Towns like Cedar Key nearby
Find towns like Cedar Key in other states →Where Cedar Key is
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Questions about Cedar Key real estate
Is Cedar Key a buyer’s or seller’s market?
A buyer’s market: there were 10 months of supply in Cedar Key, FL 32625 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cedar Key?
The typical home went under contract in 135 days in the latest three months.
Do homes in Cedar Key sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.5% of the list price.
What are property taxes in Cedar Key?
About 0.63% of a home’s value a year in Levy County, or roughly $2,520 on a $400,000 home.
What is the median home price in Cedar Key?
The median sale price was $322,361 in the three months ending August 31, 2026, about $279 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology