Cedar Rapids Market Report
$419,531
AVERAGE PRICE OF 817 HOMES$129,583
AVERAGE PRICE OF 6 DISTRESSED HOMES$2,684,349
AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES$293,033
AVERAGE PRICE OF 125 NEWLY BUILT HOMES$382,483
AVERAGE PRICE OF 6 HOMES WITH A POOL$240,132
AVERAGE PRICE OF 9 REDUCED PRICE HOMESAverage Home
| Average Price | $419,531 |
| Avg Bedrooms | 2.03 beds |
| Avg Bathrooms | 1.51 baths |
Average Price by Bedrooms
| 1 bedroom | $126,576 |
| 2 bedrooms | $158,023 |
| 3 bedrooms | $201,072 |
| 4 bedrooms | $256,846 |
| 5 bedrooms | $436,682 |
Cedar Rapids Home Price Trends
| 10/2020 | 9/2020 | 8/2020 | 7/2020 | 6/2020 | |
|---|---|---|---|---|---|
| Total Listings | 877 | 916 | 1,025 | 1,059 | 1,037 |
| Average Price | $406,370 | $406,067 | $379,746 | $370,087 | $368,963 |
| Avg Price Change | +0.07% | +6.93% | +2.61% | +0.30% | +1.06% |
| Median Price | $192,254 | $204,872 | $200,464 | $198,728 | $193,284 |
| Med Price Change | -6.56% | +2.20% | +0.87% | +2.82% | +2.86% |
| Avg Bedrooms | 2.14 beds | 2.23 beds | 2.28 beds | 2.31 beds | 2.33 beds |
| Avg Bathrooms | 1.59 baths | 1.67 baths | 1.71 baths | 1.75 baths | 1.77 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| College Comm | 88 | $339,894 | 153 days |
| Jefferson | 130 | $168,680 | 78 days |
| Kennedy | 175 | $215,273 | 125 days |
| Linn Mar | 69 | $230,757 | 115 days |
| Washington | 197 | $187,687 | 99 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 817 | $419,531 | 148 days |
| Distressed Homes | 6 | $129,583 | 291 days |
| Multi-Million Dollar Homes | 60 | $2,684,349 | 282 days |
| Newly Built Homes | 125 | $293,033 | 175 days |
| Homes with a Pool | 6 | $382,483 | 35 days |
| Reduced Price Homes | 9 | $240,132 | 118 days |
