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Cedar Rapids Market Report

$356,990

AVERAGE PRICE OF 1,088 HOMES

$2,313,757

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$347,786

AVERAGE PRICE OF 144 NEWLY BUILT HOMES

$350,292

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $356,990
Avg Bedrooms 2.41 beds
Avg Bathrooms 1.53 baths

Average Price by Bedrooms

1 bedroom $103,350
2 bedrooms $166,570
3 bedrooms $187,073
4 bedrooms $275,777
5 bedrooms $458,017
Cedar Rapids Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 1,045 953 849 849 844
Average Price $349,137 $355,429 $369,089 $369,878 $359,634
Avg Price Change -1.80% -3.84% -0.21% +2.85% +2.75%
Median Price $193,516 $191,546 $191,496 $186,440 $180,408
Med Price Change +1.03% +0.03% +2.71% +3.34% +2.51%
Avg Bedrooms 2.43 beds 2.34 beds 2.24 beds 2.27 beds 2.28 beds
Avg Bathrooms 1.54 baths 1.47 baths 1.4 baths 1.39 baths 1.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
College Comm 112 $328,891 90 days
Jefferson 223 $207,845 101 days
Kennedy 201 $284,429 137 days
Linn Mar 88 $262,096 131 days
Washington 263 $225,685 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,088 $356,990 152 days
Multi-Million Dollar Homes 57 $2,313,757 426 days
Newly Built Homes 144 $347,786 172 days
Reduced Price Homes 28 $350,292 72 days

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