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Cedar Rapids

Why you'd want to live in Cedar Rapids

Cedar Rapids is a vibrant city, encompassing unique attractions, exciting events, specialty shopping, a dynamic art scene, and a large variety of restaurant and nightlife options. You’ll find that Cedar Rapids offers one of the best places to live, work and play in the Midwest. Every year the Cedar Rapids community experiences the wonders of changing seasons in our Midwestern landscape. Some say that taking the time to appreciate everyday beauty extends life, almost like an extra season is added to every year. Cedar Rapids offers a unique balance of big city amenities without all the typical hassles and headaches that come with a large city. This extra time afforded to our residents and visitors is why Cedar Rapids is known as “The City of Five Seasons.” This fifth season affords us time to enjoy all other seasons and to enjoy life. via cedar-rapids.org

Cedar Rapids Market Report

$430,933

AVERAGE PRICE OF 888 HOMES

$108,283

AVERAGE PRICE OF 9 DISTRESSED HOMES

$3,124,497

AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES

$427,269

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$350,050

AVERAGE PRICE OF 6 HOMES WITH A POOL

$204,552

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $430,933
Avg Bedrooms 1.88 beds
Avg Bathrooms 1.34 baths

Average Price by Bedrooms

1 bedroom $109,209
2 bedrooms $213,387
3 bedrooms $242,467
4 bedrooms $298,306
5 bedrooms $500,721
Cedar Rapids Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 936 962 1,003 1,033 1,034
Average Price $425,226 $424,362 $398,930 $386,663 $380,101
Avg Price Change +0.20% +6.38% +3.17% +1.73% n/a
Median Price $197,260 $195,946 $185,900 $189,455 $191,560
Med Price Change +0.67% +5.40% -1.91% -1.11% n/a
Avg Bedrooms 1.95 beds 2 beds 1.95 beds 1.96 beds 1.99 beds
Avg Bathrooms 1.4 baths 1.44 baths 1.4 baths 1.42 baths 1.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
College Comm 131 $395,112 276 days
Jefferson 178 $179,233 106 days
Kennedy 171 $324,955 153 days
Linn Mar 51 $335,370 155 days
Washington 215 $237,074 111 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 888 $430,933 180 days
Distressed Homes 9 $108,283 180 days
Multi-Million Dollar Homes 56 $3,124,497 330 days
Newly Built Homes 124 $427,269 167 days
Homes with a Pool 6 $350,050 125 days
Reduced Price Homes 21 $204,552 86 days