Cedar Rapids, IA Home Values & Market Trends
Real estate market trends reflect that there have been 1,443 transactions over the past year in Cedar Rapids. The median value for residential home transactions that occurred over the previous year is $190,891.85. The number of current listings in Cedar Rapids is 355, and the percentage of properties for sale in the city is 355.00%. Cedar Rapids, IA currently has 81 properties in foreclosure, 8 bank owned properties, 30 properties headed for auction, and 355 properties for sale.
Cedar Rapids, IA Real Estate Market Overview
Housing Market Summary for Cedar Rapids, IA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $175.5K | $196.8K | 12.11% |
| Median Sold Price | $298.6K | $196.8K | -34.10% |
| Homes For Sale | 366 | 355 | -3.01% |
| Homes Sold | 1 | 937 | 93600.00% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cedar Rapids, IA
Browse Homes in Cedar Rapids, IA
Cedar Rapids home values range from $19,761 to $19,335,407. The median estimated value of a home in Cedar Rapids is $190,891.85. The median list price of a home is 190,000, and the total count of properties in the city is 51,113.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Cedar Rapids, IA with 52403 containing 13 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 $687,397 in 52404 to the lowest home value of $87,257 in 52402.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cedar Rapids, IA ranges from the highest value of $184,000 in 52403 to the lowest value of $54,950 in 52404. Bank owned homes and properties account for 0.02% of properties in Cedar Rapids, IA. There are 7 zips within Cedar Rapids, IA; 52402 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions52404 has 12 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 0.06% 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 $321,000 in 52402 to the lowest value of $78,025 in 52402.
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More Real Estate Resources for Cedar Rapids, IA
Guide for Cedar Rapids, IA
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Information on foreclosure financing, refinancing, and foreclosure mortgages.
