Cedar Rapids, IA Real Estate & Property Data

Cedar Rapids Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Cedar Rapids, IA. ATTOM’s Cedar Rapids real estate data is updated daily, and current market trends show that in Cedar Rapids, IA a total of 1,365 residential properties have sold over the past year. With a median home price of $261,750 in Cedar Rapids and a total of 25 foreclosures. Get detailed property data for Cedar Rapids, IA instantly. ATTOM is your one-stop-shop for the Cedar Rapids property reports and real estate data you need in Cedar Rapids, IA.

Cedar Rapids Real Estate Market Trends
Total Residential Properties 55,305
Total Commercial Properties 3,526
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,441
Total 2024 Residential Sales (year-to-date) 140
% of Homes Seriously Underwater (Q2 2024) 1.33%
Total 2023 Residential Sales 1,280
% of Equity Rich Homes (Q2 2024) 34.35%
Effective 2023 Property Tax 1.56%
Total Foreclosure Filings (year-to-date) 36
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Cedar Rapids, IA Real Estate Overview

There were 1,365 residential properties sold in the past year in Cedar Rapids, IA. The median home value in Cedar Rapids, IA is $185,500. There are a total of 55,305 residential properties in the Cedar Rapids.

Median Sales Price i
$261,750
(Feb 2024)
+87%
year-over-year
y-o-y
  • February '24 Feb '24 $261,750
  • January '24 Jan '24 $206,750
  • December '23 Dec '23 $196,000
  • November '23 Nov '23 $205,000
  • October '23 Oct '23 $193,500
  • September '23 Sep '23 $200,000
  • August '23 Aug '23 $191,000
  • July '23 Jul '23 $170,000
  • June '23 Jun '23 $186,000
  • May '23 May '23 $142,000
  • April '23 Apr '23 $120,000
  • March '23 Mar '23 $161,000
Median Down Payment i
$24,700
(Feb 2024)
+3.3%
year-over-year
y-o-y
  • February '24 Feb '24 $24,700
  • January '24 Jan '24 $19,637
  • December '23 Dec '23 $27,600
  • November '23 Nov '23 $27,564
  • October '23 Oct '23 $22,500
  • September '23 Sep '23 $27,500
  • August '23 Aug '23 $20,000
  • July '23 Jul '23 $9,000
  • June '23 Jun '23 $37,000
  • May '23 May '23 $25,600
  • April '23 Apr '23 $5,850
  • March '23 Mar '23 $11,625
Number of Homes Sold i
76
(Feb 2024)
+130.3%
year-over-year
y-o-y
  • February '24 Feb '24 76
  • January '24 Jan '24 64
  • December '23 Dec '23 148
  • November '23 Nov '23 130
  • October '23 Oct '23 140
  • September '23 Sep '23 189
  • August '23 Aug '23 220
  • July '23 Jul '23 61
  • June '23 Jun '23 90
  • May '23 May '23 79
  • April '23 Apr '23 58
  • March '23 Mar '23 77
Number of Purchase Loans i
77
(Feb 2024)
+541.7%
year-over-year
y-o-y
  • February '24 Feb '24 77
  • January '24 Jan '24 66
  • December '23 Dec '23 147
  • November '23 Nov '23 123
  • October '23 Oct '23 140
  • September '23 Sep '23 190
  • August '23 Aug '23 174
  • July '23 Jul '23 39
  • June '23 Jun '23 61
  • May '23 May '23 39
  • April '23 Apr '23 40
  • March '23 Mar '23 41
Number of REFI Loans i
121
(Feb 2024)
+656.2%
year-over-year
y-o-y
  • February '24 Feb '24 121
  • January '24 Jan '24 87
  • December '23 Dec '23 107
  • November '23 Nov '23 112
  • October '23 Oct '23 112
  • September '23 Sep '23 102
  • August '23 Aug '23 107
  • July '23 Jul '23 23
  • June '23 Jun '23 24
  • May '23 May '23 25
  • April '23 Apr '23 28
  • March '23 Mar '23 24
Number of HELOC Loans i
77
(Feb 2024)
+1440%
year-over-year
y-o-y
  • February '24 Feb '24 77
  • January '24 Jan '24 72
  • December '23 Dec '23 49
  • November '23 Nov '23 68
  • October '23 Oct '23 78
  • September '23 Sep '23 110
  • August '23 Aug '23 68
  • July '23 Jul '23 13
  • June '23 Jun '23 14
  • May '23 May '23 13
  • April '23 Apr '23 10
  • March '23 Mar '23 10

Cedar Rapids, IA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Cedar Rapids, IA Foreclosure Activity

There were a total of 25 Cedar Rapids, IA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 10 Cedar Rapids, IA properties and repossessed 2 Cedar Rapids, IA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
25
(Feb 2024)
-3.8%
year-over-year
y-o-y
  • February '24 Feb '24 25
  • January '24 Jan '24 11
  • December '23 Dec '23 22
  • November '23 Nov '23 21
  • October '23 Oct '23 19
  • September '23 Sep '23 22
  • August '23 Aug '23 24
  • July '23 Jul '23 16
  • June '23 Jun '23 19
  • May '23 May '23 25
  • April '23 Apr '23 18
  • March '23 Mar '23 26
Foreclosure Starts i
10
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 5
  • December '23 Dec '23 9
  • November '23 Nov '23 7
  • October '23 Oct '23 9
  • September '23 Sep '23 15
  • August '23 Aug '23 8
  • July '23 Jul '23 7
  • June '23 Jun '23 6
  • May '23 May '23 19
  • April '23 Apr '23 2
  • March '23 Mar '23 12
Completed Foreclosures (REOs) i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 10
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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