MarketsCedar Rapids, IA

Do homes sell over asking in Cedar Rapids, IA?

In Cedar Rapids, IA, 34% of homes sold for more than the asking price during May 2026. The other 66% sold at or below what the seller asked.

34%
Sold over asking
100%
Got this share of asking
31%
Cut their price
$228,990
Typical sale price
▼ 3% vs last year

Across all sales, the typical home fetched 100% of its asking price. That is a discount of about 0% off asking on a typical sale.

31% of the homes on the market cut their price during the same stretch. A high number there and a low number above asking usually means sellers are starting too high.

A share this high means well-priced homes in Cedar Rapids, IA are still drawing competing offers. If you are buying, expect to need your best number first.

Source: Redfin's published market data for the Cedar Rapids, IA area, through May 2026.

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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.