Metropolitan market · Iowa · June 2026 data

Cedar Rapids Real Estate Market

The Cedar Rapids, IA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Cedar Rapids report in a click.

Median listing price
$325,000
▲ 13.2% YoY
Median $ / sq ft
$160
1,960 sq ft median
Median days on market
43
June 2026
Active listings
528
For sale now
New listings
434
June 2026
Listings with price cuts
11%
Share of active
Median sale price (closed)
$228,990
▼ 2.6% YoY · closed sales
Sale-to-list ratio
99.9%
Closed sales
Homes sold / month
372
Closed sales
Median listing price trend
$325K$308K$291K$274K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Cedar Rapids IA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$340K$302K$264K$226K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Cedar Rapids IA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
528
New this month
434
Pending
693
Price-reduced
57

As of June 2026, the median home listed in Cedar Rapids, IA asks $325,000 — up 13.2% from a year ago. Homes are taking a median of 43 days to go under contract, and 11% of the 528 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Cedar Rapids, IA metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
72/100
#75 of 932 covered metros
12-month outlook
+5.1%
▲ Rising · model output, not advice
Price volatility
Low
σ 3.3% · 20-yr price-index swings
Momentum
74
Value
76
Rental yield
50
Supply risk
22
Market heat
88

Cedar Rapids scores 72/100 on our composite Investor Score (#75 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 36% over five years and +60% over ten, leaving prices 35% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,049/mo for a two-bedroom, the gross rental yield on the median listing is about 3.9%; active inventory sits at 60% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 13.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Cedar Rapids ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,465/mo
−$167/mo vs today
At today's rate · 6.43%
$1,631/mo
National weekly average
If rates rise 1% · 7.43%
$1,806/mo
+$174/mo vs today

Principal & interest on the $325,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
982
▼ 9.2% vs 2024
3.6 per 1,000 residents
Net migration (2022–2023)
-124
▼ people, via tax-return records
net income flow −$25.8M/yr
Job growth (YoY)
-2.2%
▼ 138.2k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Cedar Rapids market FAQs

What is the median home price in Cedar Rapids?
As of June 2026, the median listing price in Cedar Rapids, IA is $325,000, up 13.2% year over year (source: public records and industry data). Figures cover the Cedar Rapids, IA metro area.
How fast are homes selling in Cedar Rapids?
The median property in Cedar Rapids spends 43 days on the market, with 528 homes actively listed and 11% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Cedar Rapids?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Cedar Rapids and the wider Iowa market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Cedar Rapids, IA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.