Cayo Pelau—33921
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cayo Pelau
As of Oct '25, the median home price in Cayo Pelau is $2,335,000, with a year-over-year change of -11.8%. This indicates that home prices in Cayo Pelau are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,335,000 | -11.8% |
| Single Family | $3,236,000 | -11.8% |
| Condos | $1,418,000 | -8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $1,276,000 | -9.1% |
3 Bed | $2,786,000 | -12.0% |
4 Bed | $4,703,000 | -13.2% |
| 5 Bed | $8,337,000 | -7.1% |
% of Housing Stock
Rental Trends — Cayo Pelau
As of July '25, Rentcast reports the average rent in Cayo Pelau is $6,000, with a year-over-year rent change of -14.3%. Per bedroom, the median rent as of July '25 in Cayo Pelau is 3-bedrooms: $6,000. No data is available on rental property size distribution in Cayo Pelau.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,000 | $6,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $6,000 | $6,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Cayo Pelau
As of Oct '25, Realtor.com reports that the median days on market for a home in Cayo Pelau is 84. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,500,000 | -16.0% |
Listing Count | 32 | 26.0% |
| Listings as % of Homes | 2.0% | 26.0% |
Days on Market | 84 | -19.0% |
Demographics — Cayo Pelau
As of the latest ACS Survey released in 2023, Cayo Pelau has a population of 633, which has decreased by -26.5% over the past 5 years. Cayo Pelau is a less popular place for families, as children make up 4.1% of the population. The area has a highly educated workforce, with 62.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 633 | -26.5% |
% Under 18 | 4.1% | 57.7% |
% Seniors | 62.7% | 44.8% |
% WFH | 35.5% | 62.1% |
% w/ College Degree | 62.1% | 95.3% |
As of the latest ACS Survey released in 2023, Cayo Pelau is a predominantly white area, with 88.3% of the population identifying as white. The white population has grown by 19.0% in the last 5 years. The second most common race or ethnicity in Cayo Pelau is black, making up 6.5% of the population. Foreign-born residents account for 5.2% of the population in Cayo Pelau, and this percentage has decreased by 83.9% 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 | 88.3% | 19.0% |
% Black | 6.5% | -56.1% |
% Hispanic | 5.2% | 40.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.2% | -83.9% |
Mortgage and Risk — Cayo Pelau
According to HUD data as of 2023, there were 16 mortgage originations in Cayo Pelau, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 37.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Cayo Pelau. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 16 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 50.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Cayo Pelau
Cayo Pelau lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $1,380 |
| 2 Bedroom | N/A | N/A | $1,740 |
| 3 Bedroom | -$3,560 | $6,000 | $2,440 |
| 4 Bedroom | N/A | N/A | $2,680 |
Affordability — Cayo Pelau
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 24.3 |
| Median Home Price | $2,335,000 |
| Median Household Income | $122,000 |