Cudjoe Key, FL—33042
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cudjoe Key, FL
As of Oct '25, the median home price in Cudjoe Key, FL is $1,001,000, with a year-over-year change of -5.8%. This indicates that home prices in Cudjoe Key, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,001,000 | -5.8% |
| Single Family | $1,002,000 | -6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $572,000 | -4.0% |
2 Bed | $849,000 | -7.6% |
3 Bed | $1,070,000 | -5.7% |
4 Bed | $1,652,000 | -3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cudjoe Key, FL
As of July '25, Rentcast reports the average rent in Cudjoe Key, FL is $4,560, with a year-over-year rent change of -12.0%. Per bedroom, the median rent as of July '25 in Cudjoe Key, FL is 2-bedrooms: $3,890, 3-bedrooms: $4,820, 4-bedrooms: $5,900. The most common rental property sizes in Cudjoe Key, FL are 2-bedroom and 3-bedroom, accounting for 50.7% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,850 | $3,890 |
| 3 Bed Rent | $4,800 | $4,820 |
| 4 Bed Rent | $5,900 | $5,900 |
% of Rental Stock
Property Listings — Cudjoe Key, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cudjoe Key, FL is 91. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,500,000 | 1.0% |
Listing Count | 111 | -11.0% |
| Listings as % of Homes | 2.5% | -11.0% |
Days on Market | 91 | 1.0% |
Demographics — Cudjoe Key, FL
As of the latest ACS Survey released in 2023, Cudjoe Key, FL has a population of 6,780, which has increased by 3.9% over the past 5 years. Cudjoe Key, FL is a less popular place for families, as children make up 14.3% of the population. The area has a moderately educated workforce, with 44.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,780 | 3.9% |
% Under 18 | 14.3% | 40.2% |
% Seniors | 29.6% | 5.0% |
% WFH | 22.3% | 165.5% |
% w/ College Degree | 44.7% | 10.1% |
As of the latest ACS Survey released in 2023, Cudjoe Key, FL is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 11.2% in the last 5 years. The second most common race or ethnicity in Cudjoe Key, FL is hispanic, making up 12.0% of the population. Foreign-born residents account for 7.6% of the population in Cudjoe Key, FL, and this percentage has decreased by 18.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.4% | -11.2% |
% Black | 2.6% | 420.0% |
% Hispanic | 12.0% | 84.6% |
% Asian | 0.4% | 0.0% |
% Foreign Born | 7.6% | -18.3% |
Mortgage and Risk — Cudjoe Key, FL
According to HUD data as of 2023, there were 150 mortgage originations in Cudjoe Key, FL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Cudjoe Key, FL. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 150 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 26.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Cudjoe Key, FL
Cudjoe Key, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,180 |
| 2 Bedroom | -$1,240 | $3,850 | $2,610 |
| 3 Bedroom | -$1,330 | $4,800 | $3,470 |
| 4 Bedroom | -$2,060 | $5,900 | $3,840 |
Affordability — Cudjoe Key, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.2 |
| Median Home Price | $1,001,000 |
| Median Household Income | $102,000 |