The story of this market
The typical home in Cedar Rapids, Iowa sells for about $211,894, or $133 per square foot.
Prices are down 2.2% from a year ago, which gives buyers more room to negotiate. Homes take about 8 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,125 a month.
Monthly price momentum
Home values since 2015
+1.5%
IA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Cedar Rapids, Iowa
The Cedar Rapids housing market shows a median sale price of approximately $212,000, reflecting a slight year-over-year decline. Market activity remains steady with homes selling relatively quickly, though specific inventory and tax metrics are currently unavailable at the city level. The market is characterized by balanced demand between sales and rentals.
No ARED county foreclosure postings attributed to Cedar Rapids yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Deterministic aggregate of 3 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 7.4% year over year.
Homes spend a median of 23 days on market with 3.6 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
- Bloomsbury Farm4.610.2 mi
- The Fun Station Cedar Rapids4.56 mi
- AirFX Trampoline Park4.65.2 mi
- Spare Time Cedar Rapids4.13.8 mi
- The Iowa Children's Museum4.820.1 mi
- Kinnick Stadium4.822.8 mi
- Big Grove Brewery & Taproom4.623.9 mi
- Carver-Hawkeye Arena4.722.4 mi
- Bloomsbury Farm4.610.2 mi
- Xtream Arena4.321.2 mi
- Palisades-Kepler State Park4.79.6 mi
- Bloomsbury Farm4.610.2 mi
- Marcus Cedar Rapids Cinema4.43.8 mi
- Cedar Ridge Distillery4.710.1 mi
- Lake Macbride State Park4.613.6 mi
- The Iowa Children's Museum4.820.1 mi
- Stanley Museum of Art4.623 mi
- Old Capitol Museum4.722.9 mi
- The Englert Theatre4.723 mi
- National Czech & Slovak Museum & Library4.80.8 mi
- Palisades-Kepler State Park4.79.6 mi
- Bloomsbury Farm4.610.2 mi
- Lake Macbride State Park4.613.6 mi
- Morgan Creek Park4.75.1 mi
- Indian Creek Nature Center4.84 mi
- Cedar Rapids Country Club4.82.6 mi
- Airport National Golf Course4.56.5 mi
- Ellis Park4.51.8 mi
- Hunters Ridge Golf Course4.28 mi
- Saddleback Ridge Golf Course & Driving Range4.415.5 mi
- Lindale Mall3.93.9 mi
- Hy-Vee Grocery Store4.42.3 mi
- NewBo City Market4.50.6 mi
- Fleet Farm4.24.2 mi
- Hy-Vee Grocery Store4.31.5 mi
- Eastern Iowa Airport4.26.7 mi
- Eastern Iowa Airport4.66.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major recreational corridor providing extensive walking and biking paths along the river, serving as a key amenity for local residents.
A primary retail hub in the city offering a variety of shopping and dining options, acting as a commercial anchor for the area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Data retrieved from U.S. Census Bureau QuickFacts and Profile pages.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.