Photo: RifeIdeas · CC BY-SA 3.0526 homes sold in Cedar Falls in the last year, at a typical $283K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cedar Falls homes are listed.
Every place Cedar Falls homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Cedar Falls.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
12% of Cedar Falls’ sales are condos, at $18K less than a house
449 houses and 64 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 449 sold in 12 months
- Per square foot
- $152IA $158
- Days to sell
- 21
- Sold over asking
- 35%
- Listings with a price cut
- 33%
typical sale · 64 sold in 12 months
- Per square foot
- $156IA $165
- Days to sell
- 32
- Sold over asking
- 27%
- Listings with a price cut
- 13%
Multi-family (2–4 units): 6 sold, typical $202K
Townhouses: 7 sold, typical $349K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.5 times the 2016 price
526 sales in the last year, against 676 in 2021 and a low of 497 in 2023. The typical sale went from $191K in 2016 to $283K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Cedar Falls
Check a listing against what Cedar Falls homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Cedar Falls are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of Cedar Falls’ home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 526 sales.
If you’re buying in Cedar Falls
- Shop in October. It brings about 51 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
- Bid near asking. Buyers paid 99.4% of the list price on average; 33% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 63 a month), and the most competition: 35% close over asking. October offers nearly as much choice with fewer homes bid up (24%). January has the least competition (18%) but only about 38 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Iowa
| Cedar Falls now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 19% | 39% | 22% |
| Gone within two weeksShare of homes under contract within 14 days | 49% | 1% | 3% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 28% | — | — | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 98.2% | 99.5% | 97.7% |
| Days to sellMedian days from listing to contract | 22 | 72 | 58 | 45 |
99 homes for sale on a typical day
That’s 1.5 times the 2023 low (64), 33% fewer than in 2017–19 and well under 2016’s 157.
1 in 4 listings has cut its price
28% in the last year, against — in 2017–19 and 27% across Iowa.
Since 2019, houses are up 33%, condos 35%
A house typically sold for $286K in the last year (449 sales), a condo for $268K (64).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Cedar Falls ranks 2nd of 64 busy Iowa markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Cedar Falls is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Cedar Falls home costs about $1,808 a month
Price: Cedar Falls’ typical sale, last 12 months. Property tax at Cedar Falls’ 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cedar Falls is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 24.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $283K home, about $3,980 a year.
Taxes vs. neighborsSchools
The schools grade for Cedar Falls, from test results, graduation and how much students grow.
Schools in Cedar FallsTypical commute
The average one-way trip to work for people who live in Cedar Falls.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Waterloo, Evansdale, Waverly and Reinbeck sell for less a square foot
The busier markets within 25 miles of Cedar Falls, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Waterloo | 886 | $177K | $119 | 31% | 20 |
| Cedar Falls | 526 | $283K | $152 | 33% | 22 |
| Waverly | 139 | $262K | $139 | 22% | 27 |
| Evansdale | 57 | $157K | $133 | 32% | 30 |
| Hudson | 27 | $361K | $152 | 19% | 35 |
| Denver | 24 | $256K | $152 | 17% | 33 |
| Reinbeck | 24 | $145K | $93 | 21% | 56 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Cedar Falls, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cedar Falls. People who follow the town see it, and so do people comparing Cedar Falls with their own town. No commission, no listing fee.
Questions about buying a home in Cedar Falls
What do homes sell for in Cedar Falls, IA?
526 homes sold in the year to May 2026 at a typical $283K, $152 a square foot. Houses sold for about $286K, condos for about $268K.
Is Cedar Falls a buyer’s or seller’s market?
A seller’s market: 90 homes were for sale in May 2026 and 46 sold, about 2 months of supply. Buyers paid 99.4% of asking on average, and 28% of listings cut their price.
When is the best time to buy in Cedar Falls?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Cedar Falls?
About 1.4% of a home’s value a year. On a $283K home that’s near $3,980.
Where can I see homes for sale in Cedar Falls?
Zillow, Redfin, Realtor.com and Homes.com all carry Cedar Falls’ MLS listings; the search links above open each one filtered to Cedar Falls.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).