Cedar Grove median real estate price is $98,956, which is less expensive than 91.1% of Florida neighborhoods and 82.4% of all U.S. neighborhoods.
The average rental price in Cedar Grove is currently $1,025, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.8% of Florida neighborhoods.
Cedar Grove is a suburban neighborhood (based on population density) located in Springfield, Florida.
Cedar Grove real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cedar Grove neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Cedar Grove. The current real estate vacancy rate here is 19.1%. This is higher than the rate of vacancies in 83.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.