Cedar Rapids Market Report
$500,899
AVERAGE PRICE OF 948 HOMES$151,149
AVERAGE PRICE OF 8 DISTRESSED HOMES$2,893,397
AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES$433,218
AVERAGE PRICE OF 131 NEWLY BUILT HOMES$424,941
AVERAGE PRICE OF 13 HOMES WITH A POOL$274,359
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $500,899 |
| Avg Bedrooms | 2.05 beds |
| Avg Bathrooms | 1.47 baths |
Average Price by Bedrooms
| 1 bedroom | $111,156 |
| 2 bedrooms | $205,113 |
| 3 bedrooms | $243,911 |
| 4 bedrooms | $368,218 |
| 5 bedrooms | $509,155 |
Cedar Rapids Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 954 | 893 | 876 | 876 | 849 |
| Average Price | n/a | n/a | n/a | $442,945 | $454,416 |
| Avg Price Change | n/a | n/a | n/a | -2.59% | -5.14% |
| Median Price | $249,027 | $259,239 | $258,336 | $248,916 | $252,658 |
| Med Price Change | -4.10% | +0.35% | +3.78% | -1.50% | -4.07% |
| Avg Bedrooms | 2.07 beds | 2.11 beds | 2.11 beds | 2.1 beds | 2.07 beds |
| Avg Bathrooms | 1.49 baths | 1.54 baths | 1.56 baths | 1.55 baths | 1.5 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Washington | 233 | $215,053 | 74 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 948 | $500,899 | 174 days |
| Distressed Homes | 8 | $151,149 | 55 days |
| Multi-Million Dollar Homes | 79 | $2,893,397 | 398 days |
| Newly Built Homes | 131 | $433,218 | 145 days |
| Homes with a Pool | 13 | $424,941 | 63 days |
| Reduced Price Homes | 25 | $274,359 | 98 days |
