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 HOMESAverage 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 |
