Cedar Rapids, IA Home Values & Market Trends

Real estate market trends reflect that there have been 2,895 transactions over the past year in Cedar Rapids. The median value for residential home transactions that occurred over the previous year is $219,918. The number of current listings in Cedar Rapids is 2,794, and the percentage of properties for sale in the city is 2794.00%. Cedar Rapids, IA currently has 101 properties in foreclosure, 10 bank owned properties, 33 properties headed for auction, and 2,794 properties for sale.

Cedar Rapids, IA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
52402

$ 217,696

$ 140/sqft

52411

$ 521,174

$ 193/sqft

52404

$ 220,000

$ 149/sqft

52401

$ 154,566

$ 125/sqft

52403

$ 212,866

$ 131/sqft

52498

$ --

$ --

52405

$ 210,000

$ 140/sqft

Housing Market Summary for Cedar Rapids, IA

Sep 2025September 2026Change
Median Listing Price$207.3K$215K3.74%
Median Sold Price$219.5K$212.9K-3.01%
Homes For Sale1,9952,73937.29%
Homes Sold7347593.41%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cedar Rapids, IA

Cedar Rapids home values range from $29,844 to $1,716,686. The median estimated value of a home in Cedar Rapids is $219,918. The median list price of a home is 215,000, and the total count of properties in the city is 3,788.

Foreclosure
There are 7 zips within Cedar Rapids, IA; within these zips, the median estimated home value for homes in foreclosure ranges from $374,504 in 52403 to the lowest value of $55,219 in 52403. Foreclosure homes account for 2.00% of properties in Cedar Rapids, IA with 52404 containing 30 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.53% of all residential properties in Cedar Rapids, IA with 52404 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Cedar Rapids, IA; of those zips, the estimated home value for pre-foreclosure homes ranges from $426,662 in 52403 to the lowest home value of $65,461 in 52402.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cedar Rapids, IA ranges from the highest value of $165,629 in 52402 to the lowest value of $55,219 in 52403. Bank owned homes and properties account for 0.26% of properties in Cedar Rapids, IA. There are 7 zips within Cedar Rapids, IA; 52403 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    52405 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Cedar Rapids, IA. Auction homes and other auction properties account for 0.87% of all properties in Cedar Rapids, IA. There are 7 zips within Cedar Rapids, IA; of those zips, the median estimated home value for homes going to auction ranges from $311,198 in 52411 to the lowest value of $119,713 in 52411.
Homes for Sale
Homes and properties that are actively listed for sale account for 73.76% of residential properties in Cedar Rapids, IA with 52402 containing 809 homes for sale, the highest number of listed properties in a single zip. There are 7 zips within Cedar Rapids, IA; homes for sale in those zips, have a range of median values from $1,716,686 in 52411 to the lowest value of $29,844 in 52401.
    Sold Homes
    The median value for recently sold homes ranges from $1,180,215 in 52411 to the lowest price of $29,900 in 52411. There are 7 zips within Cedar Rapids, IA. 52402 has 224 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 20.91% of properties in Cedar Rapids, IA.

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      Guide for Cedar Rapids, IA

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.