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Cedar Rapids Market Report

$422,766

AVERAGE PRICE OF 777 HOMES

$96,705

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,832,128

AVERAGE PRICE OF 51 MULTI-MILLION DOLLAR HOMES

$421,023

AVERAGE PRICE OF 122 NEWLY BUILT HOMES

$332,975

AVERAGE PRICE OF 6 HOMES WITH A POOL

$342,641

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $422,766
Avg Bedrooms 1.84 beds
Avg Bathrooms 1.32 baths

Average Price by Bedrooms

1 bedroom $103,127
2 bedrooms $224,617
3 bedrooms $240,700
4 bedrooms $314,148
5 bedrooms $481,171
Cedar Rapids Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 866 936 962 1,003 1,033
Average Price $436,204 $425,226 $424,362 $398,930 $386,663
Avg Price Change +2.58% +0.20% +6.38% +3.17% +1.73%
Median Price $194,222 $197,260 $195,946 $185,900 $189,455
Med Price Change -1.56% +0.67% +5.40% -1.91% -1.11%
Avg Bedrooms 1.89 beds 1.95 beds 2 beds 1.95 beds 1.96 beds
Avg Bathrooms 1.33 baths 1.4 baths 1.44 baths 1.4 baths 1.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
College Comm 121 $365,450 316 days
Jefferson 138 $177,521 129 days
Kennedy 142 $332,101 138 days
Linn Mar 45 $333,200 195 days
Washington 204 $246,126 125 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 777 $422,766 203 days
Distressed Homes 10 $96,705 206 days
Multi-Million Dollar Homes 51 $2,832,128 355 days
Newly Built Homes 122 $421,023 172 days
Homes with a Pool 6 $332,975 155 days
Reduced Price Homes 17 $342,641 94 days