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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

$423,558

AVERAGE PRICE OF 794 HOMES

$90,338

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,790,350

AVERAGE PRICE OF 53 MULTI-MILLION DOLLAR HOMES

$420,532

AVERAGE PRICE OF 125 NEWLY BUILT HOMES

$332,975

AVERAGE PRICE OF 6 HOMES WITH A POOL

$344,769

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $423,558
Avg Bedrooms 1.85 beds
Avg Bathrooms 1.33 baths

Average Price by Bedrooms

1 bedroom $103,127
2 bedrooms $223,109
3 bedrooms $240,917
4 bedrooms $311,278
5 bedrooms $493,177
Cedar Rapids Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 775 866 936 962 1,003
Average Price $421,219 $436,204 $425,226 $424,362 $398,930
Avg Price Change -3.56% +2.58% +0.20% +6.38% +3.17%
Median Price $191,693 $194,222 $197,260 $195,946 $185,900
Med Price Change -1.32% -1.56% +0.67% +5.40% -1.91%
Avg Bedrooms 1.86 beds 1.89 beds 1.95 beds 2 beds 1.95 beds
Avg Bathrooms 1.31 baths 1.33 baths 1.4 baths 1.44 baths 1.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
College Comm 123 $366,892 316 days
Jefferson 140 $180,296 128 days
Kennedy 146 $327,398 136 days
Linn Mar 48 $329,398 187 days
Washington 205 $246,488 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 794 $423,558 201 days
Distressed Homes 9 $90,338 200 days
Multi-Million Dollar Homes 53 $2,790,350 347 days
Newly Built Homes 125 $420,532 174 days
Homes with a Pool 6 $332,975 161 days
Reduced Price Homes 10 $344,769 109 days