Are home prices going up or down in Cedar Rapids, IA?
In Cedar Rapids, IA, the typical home sold for $228,990 during May 2026. That is 3% lower than the same stretch a year ago, so prices are down.
Over the last 36 months the typical sale price in Cedar Rapids, IA went from $218,750 to $228,990 — up 5%.
The high point was $241,500, reached in July 2024. Today's typical sale is 5% below that.
Measured by size, homes in Cedar Rapids, IA are selling for about $141 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Cedar Rapids, IA area, through May 2026.
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More about the Cedar Rapids, IA market
- When is the best month to sell a house in Cedar Rapids, IA?
- How long does it take to sell a house in Cedar Rapids, IA?
- Do homes sell above asking price in Cedar Rapids, IA?
- Is Cedar Rapids, IA a buyer's market or a seller's market?
- How many homes are for sale in Cedar Rapids, IA?
- All Cedar Rapids, IA housing numbers
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Figures come from Redfin's published market data for the Cedar Rapids, IA area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.