The Cedar Falls housing market is very competitive. The median sale price of a home in Cedar Falls was $279K last month, down 6.0% since last year. The median sale price per square foot in Cedar Falls is $141, up 5.6% since last year.
What is the housing market like in Cedar Falls today?
In January 2025, Cedar Falls home prices were down 6.0% compared to last year, selling for a median price of $279K. On average, homes in Cedar Falls sell after 45 days on the market compared to 32 days last year. There were 30 homes sold in January this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$278,500
-6.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Cedar Falls, IA
$278,500
-6.0%
United States
To compare other locations to the Cedar Falls and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cedar Falls's median sale price is 37% lower than the national average. Overall cost of living in Cedar Falls is 14% lower than the national average. Learn which home features in Cedar Falls add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cedar Falls housing market?
Cedar Falls is very competitive. Homes sell in 20.5 days.
0
100
81
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 3 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cedar Falls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Falls.
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Falls has a moderate risk of flooding. 1,559 properties in Cedar Falls are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Cedar Falls. Flood risk is increasing slower than the national average.
62% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Falls has a moderate risk of wildfire. There are 9,287 properties in Cedar Falls that have some risk of being affected by wildfire over the next 30 years. This represents 62% of all properties in Cedar Falls.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Falls has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Falls is most at risk from tornadoes. 14,966 properties in Cedar Falls have some risk of being in a severe wind event within the next 30 years.