| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $325,000 | +13.2% YoY |
| Median price per sq ft | $160 | 1,960 sq ft median |
| Median days on market | 43 | -6% YoY |
| Active listings | 528 | -32% YoY |
| New listings this month | 434 | June 2026 |
| Listings with a price cut | 11% | Share of active |
| Median sale price (closed) | $228,990 | -2.6% YoY |
| Sale-to-list ratio | 99.9% | Closed sales |
| Gross rental yield | 3.9% | 2BR fair market rent |
Metropolitan market · Iowa · June 2026 data
Cedar Rapids Real Estate Market
As of June 2026, the median home listed in Cedar Rapids, IA asks $325,000 — up 13.2% year over year. Homes sell in a median of 43 days, with 528 active listings and 11% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.
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
Cedar Rapids housing market statistics
The table summarizes Cedar Rapids's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Cedar Rapids?
Cedar Rapids home prices are up 13.2% year over year and +4.0% month over month as of June 2026, at a $325,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Cedar Rapids IA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Cedar Rapids IA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Cedar Rapids?
Cedar Rapids has 528 active listings, 434 new this month, 693 pending as of June 2026. About 11% of active listings have cut their price, and inventory sits at 60% of its 2019 level — a seller-leaning market by pace.
Is Cedar Rapids a good real estate investment?
Cedar Rapids scores 72/100 on WealthyBud's composite Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
72/100
#75 of 932 covered metros
Price volatility
Low
σ 3.3% · 20-yr price-index swings
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.
How much is a monthly mortgage payment in Cedar Rapids?
A home at Cedar Rapids's $325,000 median listing runs about $1,631 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
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.
What is driving the Cedar Rapids housing market?
Longer-run demand in Cedar Rapids shows up in 982 homes permitted in 2025; net migration of -124 residents; -2.2% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
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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ReadCedar Rapids housing market FAQ
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 much does it cost to buy a home in Cedar Rapids?
The median home listed in Cedar Rapids asks $325,000 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,631 a month in principal and interest, before taxes, insurance and HOA.
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 as of June 2026.
Is it a buyer's or seller's market in Cedar Rapids?
With a median 43 days on market and 11% of active listings carrying a price cut, Cedar Rapids reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Cedar Rapids a good place to invest in real estate?
Cedar Rapids scores 72/100 on WealthyBud's Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
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, ranked by recent sales from public profile data.
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.
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