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Cedar Grove, FL
Full City Profile · Florida · Bay County County
2.9
/5.0
C+
Fair
2,911
Population
760/sq mi density
$44,202
Median Income
$23,821 per capita
$147,400
Home Value
$206,623 Zillow
$1,140
Median Rent
48.7% income on rent
70°F
Avg Temperature
308 sunny days/yr
476
Violent Crime/100K
2,898 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$44,202 median income, 1.8% unemployment
A+
Affordability
4.8 / 5.0
$147,400 home value, $1,140/mo rent
F
Safety
1.0 / 5.0
476 violent crimes/100K (25% above avg)
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher
Housing Overview
Median Home Value
$147,400
48% below
US avg: $281,900
Median Rent
$1,140/mo
2% below
US avg: $1,163/mo
Homeownership Rate
58.4%
11% below US avg (65.4%)
Total Housing Units
1,271
Median year built: 1992
Home Value by Source
Census Median
$147,400
Zillow (ZHVI)
$206,623
Median Sale Price
$275,000
Median List Price
$279,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.4%
Owner-Occupied
41.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,140/mo
Market Indicators (Redfin)
Median Days on Market
90 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
48.7%
of renters spending 30%+ of income on housing
57% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
58.4%
Complete Housing Data
Home Values
| Census Median Value | $147,400 |
| Zillow Home Value (ZHVI) | $206,623 |
| Median Sale Price | $275,000 |
| Median List Price | $279,000 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $1,140 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 90 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 100.0% |
| Homes Sold | 1 |
| Active Inventory | 6 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 58.4% |
| Renter-Occupied | 41.6% |
| Homeownership Rate | 58.4% |
| Total Housing Units | 1,271 |
| Median Year Built | 1992 |
| Rent Burden | 48.7% |