Photo: ArtisticAbode · CC BY-SA 3.02,146 homes sold in Cedar Rapids in the last year, at a typical $204K
About one sale in 5 is a condo. 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 Rapids homes are listed.
Every place Cedar Rapids 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 Rapids.
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.
19% of Cedar Rapids’ sales are condos, at $39K less than a house
1703 houses and 414 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 1703 sold in 12 months
- Per square foot
- $135IA $158
- Days to sell
- 22
- Sold over asking
- 32%
- Listings with a price cut
- 37%
typical sale · 414 sold in 12 months
- Per square foot
- $122IA $165
- Days to sell
- 47
- Sold over asking
- 18%
- Listings with a price cut
- 32%
Multi-family (2–4 units): 27 sold, typical $228K
Townhouses: 2 sold, typical $154K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
2,146 sales in the last year, against 2,644 in 2021 and a low of 40 in 2013. The typical sale went from $131K in 2016 to $204K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Cedar Rapids
Check a listing against what Cedar Rapids 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 Rapids are back to pre-pandemic levels, but half fewer homes come up for sale
We read every month of Cedar Rapids’ home sales since 2013 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, 2,146 sales.
If you’re buying in Cedar Rapids
- Shop in March. It brings about 225 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Bid near asking. Buyers paid 99% of the list price on average; 29% paid over.
- Move fast on good ones. 45% of homes are under contract within two weeks.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 262 a month), but May is the most competitive: 36% of May sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). December has the least competition (22%) but only about 99 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Iowa
| Cedar Rapids now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 29% | 26% | 43% | 22% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 1% | 4% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | — | — | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 98.6% | 100.4% | 97.7% |
| Days to sellMedian days from listing to contract | 25 | 72 | 52 | 45 |
328 homes for sale on a typical day
That’s 1.4 times the 2013 low (229), 53% fewer than in 2017–19 and well under 2015’s 1118.
1 in 3 listings has cut its price
33% in the last year, against — in 2017–19 and 27% across Iowa.
Since 2019, houses are up 43%, condos 19%
A house typically sold for $210K in the last year (1703 sales), a condo for $172K (414).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Cedar Rapids ranks 10th 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 Rapids is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Cedar Rapids home costs about $1,358 a month
Price: Cedar Rapids’ typical sale, last 12 months. Property tax at Cedar Rapids’ 1.7% (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 Rapids 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 99.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $204K home, about $3,520 a year.
Taxes vs. neighborsSchools
The schools grade for Cedar Rapids, from test results, graduation and how much students grow.
Schools in Cedar RapidsTypical commute
The average one-way trip to work for people who live in Cedar Rapids.
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.
No busy market nearby sells for less a square foot; Ely, Robins and Palo for far more
The busier markets within 25 miles of Cedar Rapids, 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 | |
|---|---|---|---|---|---|
| Cedar Rapids | 2,146 | $204K | $131 | 29% | 25 |
| Marion | 680 | $280K | $142 | 26% | 31 |
| Hiawatha | 133 | $304K | $150 | 23% | 89 |
| Fairfax | 45 | $355K | $150 | 33% | 52 |
| Palo | 41 | $305K | $171 | 24% | 148 |
| Ely | 39 | $366K | $166 | 28% | 105 |
| Robins | 36 | $508K | $165 | 25% | 47 |
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 Rapids, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cedar Rapids. People who follow the town see it, and so do people comparing Cedar Rapids with their own town. No commission, no listing fee.
Questions about buying a home in Cedar Rapids
What do homes sell for in Cedar Rapids, IA?
2,146 homes sold in the year to May 2026 at a typical $204K, $131 a square foot. Houses sold for about $210K, condos for about $172K.
Is Cedar Rapids a buyer’s or seller’s market?
A seller’s market: 189 homes were for sale in May 2026 and 197 sold, about 1 months of supply. Buyers paid 99% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Cedar Rapids?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Cedar Rapids?
About 1.7% of a home’s value a year. On a $204K home that’s near $3,520.
Where can I see homes for sale in Cedar Rapids?
Zillow, Redfin, Realtor.com and Homes.com all carry Cedar Rapids’ MLS listings; the search links above open each one filtered to Cedar Rapids.
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).