Cedar Rapids housing market: home prices and forecast
Cedar Rapids home prices: in September 2026 the Zillow Home Value Index put the value of a typical Cedar Rapids, Iowa home at $215,727, +2.2% compared with a year before, and the highest monthly value on record.
- Typical value of a home
- $215,727September 2026, Zillow ZHVI
- Change over 12 months
- +2.2% since September 2025.
Cedar Rapids home prices since 2000
Cedar Rapids is the steel line, the United States the grey line. A typical home in Cedar Rapids was worth $102,017 in January 2000 and $215,727 now, ×2.11, while the US over those months rose ×2.99. December 2008 marked the boom high of $131,651, and February 2012 marked the low of $125,331, −4.8%.
Cedar Rapids median home price by year
Each yearly figure averages the twelve monthly values; for 2026 only the latest month is shown.
| Year | Cedar Rapids | Change on the year | United States |
|---|---|---|---|
| 2000 | $103,488 | $125,745 | |
| 2001 | $107,428 | +3.8% | $134,899 |
| 2002 | $111,968 | +4.2% | $144,276 |
| 2003 | $115,754 | +3.4% | $155,308 |
| 2004 | $119,163 | +2.9% | $169,891 |
| 2005 | $122,862 | +3.1% | $189,732 |
| 2006 | $126,398 | +2.9% | $206,531 |
| 2007 | $128,707 | +1.8% | $208,449 |
| 2008 | $130,851 | +1.7% | $195,574 |
| 2009 | $131,931 | +0.8% | $177,542 |
| 2010 | $131,498 | −0.3% | $171,462 |
| 2011 | $127,579 | −3.0% | $162,508 |
| 2012 | $127,266 | −0.2% | $161,137 |
| 2013 | $128,933 | +1.3% | $171,420 |
| 2014 | $130,448 | +1.2% | $182,996 |
| 2015 | $135,643 | +4.0% | $192,738 |
| 2016 | $137,123 | +1.1% | $204,509 |
| 2017 | $140,502 | +2.5% | $216,767 |
| 2018 | $147,074 | +4.7% | $230,541 |
| 2019 | $153,152 | +4.1% | $242,088 |
| 2020 | $157,820 | +3.0% | $257,151 |
| 2021 | $171,206 | +8.5% | $295,959 |
| 2022 | $186,378 | +8.9% | $340,014 |
| 2023 | $194,869 | +4.6% | $348,160 |
| 2024 | $201,877 | +3.6% | $359,751 |
| 2025 | $208,978 | +3.5% | $362,959 |
| September 2026 | $215,727 | +2.2% | $366,157 |
What a home bought in Cedar Rapids any year is worth today
This is an index-based estimate of a typical home rather than an appraisal.
Each year's figure averages its twelve monthly index values; the current value is September 2026. More options: the home appreciation calculator.
Thinking about selling? Compare local agents at Realtor.com. Advertising disclosure: this site may be paid for a link such as this one, and no number ever changes because of it. Disclosure.
Cedar Rapids housing market forecast
Over the 12 months from September 2026, Zillow's forecast has the Cedar Rapids, IA metro gaining +4.8%, with a three-month estimate of +2.1%. Cedar Rapids's typical value is $215,727, so the forecast points to a figure near $226,100 one year later.
Here, the number is Zillow's own central estimate for this metro; the site itself publishes no forecast. Forecasts like this, over 12 months, have typically been off by several percentage points from the realised change, in both directions. This is not investment advice.
All metro forecasts in one table: metro forecast table.
Cedar Rapids housing market crash risk score
14 out of 100, low
It ranks Cedar Rapids against the 292 cities using five conditions that ran high before earlier price falls. Every input is scored from 0 to 100 relative to the other cities, then the five scores are averaged with equal weight. It shows conditions as they are now; it does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −42.9% | 5 | 20% |
| Days on the market vs 2019 | −18.5% | 11 | 20% |
| Price-to-rent ratio | 14.1 | 18 | 20% |
| Price-to-income ratio | 3.1 | 8 | 20% |
| 12-month price change | +2.2% | 29 | 20% |
No investment advice is offered. How the inputs get their scores: methodology. Every one of the 292 cities ranked: crash risk ranking.
Cedar Rapids inventory and days on market
In September 2026 the Cedar Rapids, IA metro recorded 574 homes for sale, a year-over-year change of −33.1% and a change of −42.9% versus the same month in 2019. Listings sold in a median of 44 days (−18.5% against 2019), while 14.2% had a price cut.
| Cedar Rapids, IA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 574 | −33.1% |
| New listings | 350 | |
| Median days on market | 44 | −3.3% |
| Median list price | $320,875 | +21.1% |
| Share with a price cut | 14.2% |
Metro inventory: Realtor.com® Economic Research. Realtor.com data. Every metro listed: days on market by city.
Rent and cost of living in Cedar Rapids
According to the Zillow Observed Rent Index, the typical asking rent in Cedar Rapids stands at $1,274 a month, +14.7% on a year. 14.1 years' worth of that rent is what a typical home costs. The median household income stands at $69,917 (Census ACS 2024). That means the typical home equals 3.1 times the median income for the year. BEA has metro prices at 89.0, where the US average is 100, and metro housing costs at 71.4.
Additional housing markets in Iowa
- $208,053 in Des Moines.
- $194,286 in Davenport.
- Sioux City $200,738
- Iowa City $300,467
For the whole state: Iowa housing market.
How to read this chart
The chart uses the Zillow Home Value Index for Cedar Rapids, which tracks a typical home in the market's middle third. Each value is smoothed, seasonally adjusted, and shown in dollars for that month. The hollow dot marks the slider's month, and the terracotta dot marks the latest month. These figures are not adjusted for inflation. An index follows the typical home rather than a single house, so use the card above or the home appreciation calculator to work out a given house's value from its own sale price.