The Cedar Rapids housing market is very competitive. The median sale price of a home in Cedar Rapids was $207K over the last 3 months, down 1.5% since the same period last year. The median sale price per square foot in Cedar Rapids is $133, down 1.5% since last year.
What is the housing market like in Cedar Rapids today?
Over the three months ending June 2026, Cedar Rapids home prices were down 1.5% compared to the same period last year, selling for a median price of $207K. On average, homes in Cedar Rapids sell after 10 days on the market compared to 15 days last year. There were 614 homes sold in June this year, down from 648 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$206,887
-1.5% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
Cedar Rapids, IA
$206,887
-1.5%
United States
To compare other locations to the Cedar Rapids and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cedar Rapids's median sale price is 44% lower than the national average. Overall cost of living in Cedar Rapids is 10% lower than the national average. Learn which home features in Cedar Rapids 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 Rapids housing market?
Cedar Rapids is very competitive. Homes sell in 8 days.
0
100
80
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 around list price and go pending in around 8 days.
Hot homes
can sell for about 2% above list price and go pending in around 2 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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 Rapids housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Rapids.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Rapids has a moderate risk of flooding. 2,186 properties in Cedar Rapids are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Cedar Rapids. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Rapids has a moderate risk of wildfire. There are 1 properties in Cedar Rapids that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cedar Rapids.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Rapids has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Rapids is most at risk from tornadoes. 47,461 properties in Cedar Rapids have some risk of being in a severe wind event within the next 30 years.