Cedar Rapids Market Report
$388,083
AVERAGE PRICE OF 713 HOMES$77,171
AVERAGE PRICE OF 7 DISTRESSED HOMES$2,214,334
AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES$400,099
AVERAGE PRICE OF 97 NEWLY BUILT HOMES$333,022
AVERAGE PRICE OF 9 HOMES WITH A POOL$242,562
AVERAGE PRICE OF 8 REDUCED PRICE HOMESAverage Home
| Average Price | $388,083 |
| Avg Bedrooms | 1.88 beds |
| Avg Bathrooms | 1.36 baths |
Average Price by Bedrooms
| 1 bedroom | $122,181 |
| 2 bedrooms | $182,159 |
| 3 bedrooms | $228,805 |
| 4 bedrooms | $280,465 |
| 5 bedrooms | $518,700 |
Cedar Rapids Home Price Trends
| 12/2021 | 11/2021 | 10/2021 | 9/2021 | 8/2021 | |
|---|---|---|---|---|---|
| Total Listings | 804 | n/a | 959 | 954 | 978 |
| Average Price | $422,998 | n/a | $394,786 | $382,376 | $369,528 |
| Avg Price Change | n/a | n/a | +3.25% | +3.48% | -3.04% |
| Median Price | $175,495 | n/a | $170,482 | $171,061 | $167,688 |
| Med Price Change | n/a | n/a | -0.34% | +2.01% | -1.24% |
| Avg Bedrooms | 1.92 beds | n/a | 2.04 beds | 1.97 beds | 1.95 beds |
| Avg Bathrooms | 1.36 baths | n/a | 1.44 baths | 1.42 baths | 1.4 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| College Comm | 129 | $217,715 | 209 days |
| Jefferson | 151 | $179,064 | 90 days |
| Kennedy | 109 | $412,836 | 142 days |
| Linn Mar | 37 | $292,810 | 156 days |
| Washington | 160 | $206,606 | 114 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 713 | $388,083 | 174 days |
| Distressed Homes | 7 | $77,171 | 144 days |
| Multi-Million Dollar Homes | 56 | $2,214,334 | 328 days |
| Newly Built Homes | 97 | $400,099 | 124 days |
| Homes with a Pool | 9 | $333,022 | 66 days |
| Reduced Price Homes | 8 | $242,562 | 60 days |
