The Northwest Area housing market is very competitive. The median sale price of a home in Northwest Area was $132K last month, down 3.1% since last year. The median sale price per square foot in Northwest Area is $140, up 20.7% since last year.
What is the housing market like in Northwest Area today?
In January 2025, Northwest Area home prices were down 3.1% compared to last year, selling for a median price of $132K. On average, homes in Northwest Area sell after 39 days on the market compared to 11 days last year. There were 16 homes sold in January this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$131,750
-3.1% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Northwest Area, IA
$131,750
-3.1%
United States
To compare other locations to the Northwest Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cedar Rapids add value to a home.
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How hot is the Northwest Area housing market?
Northwest Area is very competitive. Homes sell in 26.5 days.
0
100
74
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 6 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 27 days.
Hot homes
can sell for around list price and go pending in around 11 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.4%
-1.2 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Northwest Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northwest Area.
Flood Factor - Minor
67% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northwest Area has a minor risk of flooding. 378 properties in Northwest Area are likely to be
severely affected
by flooding over the next 30 years. This represents 67% of all properties in Northwest Area. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Northwest Area has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northwest Area is most at risk from tornadoes. 2,029 properties in Northwest Area have some risk of being in a severe wind event within the next 30 years.