Cedar Rapids Real Estate Market

Cedar Rapids Market

The median sale price for homes in Cedar Rapids over the last 12 months is $112,000.


The median mortgage debt is $87,534.

Additional Statistics for Single Family Homes and Condos in Cedar Rapids, IA
$60,490
Median Listing Price
17
Median Days on Market
10
Active Listings
100.0%
Distressed Listings
(foreclosures and short sales)
Cedar Rapids, IA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Cedar Rapids is $45,000. The list prices dropped by -38.1% from the previous month.

The price per square foot for listings in this area is $48.

The median sale price in January for single family homes is $88,000. The sale prices dropped by -12% from the previous month.

The price per square foot for sales in this area is $82.

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Cedar Rapids, IA Market Inventory Trends

The number of active listings in Cedar Rapids dropped by 35.7% from the previous month.

The median number of days active properties have been listed is 18. This is significantly shorter than the national average.

The number of sales in January dropped by 64.8% from the previous month.

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Cedar Rapids, IA Property Ownership

The percent of unoccupied properties is very low in Cedar Rapids. It is -8.19% below the national average.

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