Cedar Rapids Market Report
$437,006
AVERAGE PRICE OF 668 HOMES$162,960
AVERAGE PRICE OF 5 DISTRESSED HOMES$2,463,408
AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES$308,819
AVERAGE PRICE OF 102 NEWLY BUILT HOMES$336,780
AVERAGE PRICE OF 5 HOMES WITH A POOL$186,900
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $437,006 |
| Avg Bedrooms | 1.84 beds |
| Avg Bathrooms | 1.4 baths |
Average Price by Bedrooms
| 1 bedroom | $128,918 |
| 2 bedrooms | $173,014 |
| 3 bedrooms | $205,595 |
| 4 bedrooms | $290,607 |
| 5 bedrooms | $531,228 |
Cedar Rapids Home Price Trends
| 1/2021 | 12/2020 | 11/2020 | 10/2020 | 9/2020 | |
|---|---|---|---|---|---|
| Total Listings | 677 | 757 | 847 | 877 | 916 |
| Average Price | $435,095 | $422,213 | $411,876 | $406,370 | $406,067 |
| Avg Price Change | +3.05% | +2.51% | +1.35% | +0.07% | +6.93% |
| Median Price | $194,281 | $187,583 | $187,730 | $192,254 | $204,872 |
| Med Price Change | +3.57% | -0.08% | -2.41% | -6.56% | +2.20% |
| Avg Bedrooms | 1.9 beds | 1.96 beds | 2.07 beds | 2.14 beds | 2.23 beds |
| Avg Bathrooms | 1.41 baths | 1.45 baths | 1.54 baths | 1.59 baths | 1.67 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| College Comm | 67 | $370,049 | 185 days |
| Jefferson | 105 | $173,940 | 77 days |
| Kennedy | 148 | $211,742 | 151 days |
| Linn Mar | 55 | $225,471 | 89 days |
| Washington | 152 | $200,900 | 104 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 668 | $437,006 | 172 days |
| Distressed Homes | 5 | $162,960 | 284 days |
| Multi-Million Dollar Homes | 57 | $2,463,408 | 349 days |
| Newly Built Homes | 102 | $308,819 | 134 days |
| Homes with a Pool | 5 | $336,780 | 43 days |
| Reduced Price Homes | 5 | $186,900 | 262 days |
