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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

$502,390

AVERAGE PRICE OF 836 HOMES

$112,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$3,475,612

AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES

$407,023

AVERAGE PRICE OF 137 NEWLY BUILT HOMES

$329,025

AVERAGE PRICE OF 8 HOMES WITH A POOL

$406,638

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $502,390
Avg Bedrooms 1.99 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $93,262
2 bedrooms $229,099
3 bedrooms $239,951
4 bedrooms $342,632
5 bedrooms $482,032
Cedar Rapids Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 813 798 795 799 775
Average Price $517,704 $533,239 $450,380 $418,314 $421,219
Avg Price Change -3.00% +18.40% +7.67% -0.69% -3.56%
Median Price $237,015 $223,700 $201,129 $194,448 $191,693
Med Price Change +5.95% +11.22% +3.44% +1.44% -1.32%
Avg Bedrooms 1.96 beds 1.93 beds 1.87 beds 15.6 beds 1.86 beds
Avg Bathrooms 1.42 baths 1.39 baths 1.38 baths 1.34 baths 1.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
College Comm 136 $395,460 252 days
Jefferson 160 $205,377 98 days
Kennedy 148 $330,197 158 days
Linn Mar 48 $330,777 195 days
Washington 213 $254,724 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 836 $502,390 185 days
Distressed Homes 4 $112,500 309 days
Multi-Million Dollar Homes 60 $3,475,612 346 days
Newly Built Homes 137 $407,023 146 days
Homes with a Pool 8 $329,025 36 days
Reduced Price Homes 21 $406,638 201 days