Cedar Rapids Real Estate Market

Cedar Rapids Market

The median sale price for homes in Cedar Rapids over the last 12 months is $119,000.


The median mortgage debt is $88,338.

Additional Statistics for Single Family Homes and Condos in Cedar Rapids, IA
$133,460
Median Listing Price
66
Median Days on Market
1001
Active Listings
6.5%
Distressed Listings
(foreclosures and short sales)
Cedar Rapids, IA Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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Cedar Rapids, IA Market Inventory Trends

The number of active listings in Cedar Rapids increased by 2.4% from the previous month.

The median number of days active properties have been listed is 66. This is significantly shorter than the national average.

The number of sales in June dropped by 67.5% from the previous month.

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Cedar Rapids, IA Property Ownership

The percent of rental properties in Cedar Rapids is 10.21% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.