#2502338, Michelle David, Listing Office: Pinnacle Realty LLC
Cedar Rapids Housing Market Report March 2025•Linn County, Iowa
Housing Prices in Cedar Rapids, IA
How much do homes in Cedar Rapids, IA cost?
Housing Market Conditions
Is Cedar Rapids, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cedar Rapids is a Seller's Market
Difference Since March 2024
Since last year, Cedar Rapids has remained a Seller's Market.
Cedar Rapids is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Cedar Rapids have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Cedar Rapids was $199,927 in March 2025, up 6.2% from last year, and the median price per square foot was $128.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Marion Township | $259.9K | $280.4K | +7.9% |
Clinton Township | $125.7K | $134.9K | +7.3% |
Cedar Rapids | $188.3K | $199.9K | +6.2% |
Monroe Township | $324.9K | $332.2K | +2.2% |
Hiawatha | $329.9K | $245K | -25.8% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $90.7K | $100K | +10.2% |
22 Bedrooms | $133.2K | $139.9K | +5.1% |
33 Bedrooms | $186.8K | $198.5K | +6.2% |
44 Bedrooms | $280.5K | $274.8K | -2.0% |
55+ Bedrooms | $389.9K | $386.7K | -0.8% |
Summary: Cedar Rapids housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +10.2%. The home price for 2 bedroom homes increased by +5.1%. The home price for 3 bedroom homes increased by +6.2%. The home price for 4 bedroom homes decreased by -2.0%. The home price for 5 bedroom homes decreased by -0.8%.
How does Cedar Rapids, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Cedar Rapids, IA
Housing supply in Cedar Rapids, IA
How many homes are available in Cedar Rapids, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
596Last MonthMar 2025 | ||
5352 months agoFeb 2025 | +11.4 % Change MoMFeb – Mar |
Summary: The Cedar Rapids real estate market had 596 homes for sale in Mar 2025, a 11.4 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
178Last MonthMar 2025 | ||
1122 months agoFeb 2025 | +58.9 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 7 | +75.0% |
22 Bedrooms | 141 | 147 | +4.3% |
33 Bedrooms | 239 | 252 | +5.4% |
44 Bedrooms | 112 | 141 | +25.9% |
55+ Bedrooms | 39 | 49 | +25.6% |
Summary: Cedar Rapids housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +75.0%. The inventory for 2 bedroom homes increased by +4.3%. The inventory for 3 bedroom homes increased by +5.4%. The inventory for 4 bedroom homes increased by +25.9%. The inventory for 5 bedroom homes increased by +25.6%.
Asking Price vs. Sold Price
How much do homes in Cedar Rapids, IA cost?
Over Asking Price35 Homes
At Asking Price39 Homes
Under Asking Price104 Homes
If you're buying a home in Cedar Rapids, you may be able to get a good deal. 58.4% of homes here sold below asking price last month.
Summary: A total of 178 homes were sold or pending in Cedar Rapids in March 2025, up by 58.9% month-over-month. Of the 178 sold homes, 58% were sold under asking, 22% were sold at asking, and and 20% were sold over asking.
Days on Market for Cedar Rapids, IA
How long does it take to sell a home in Cedar Rapids, IA?
Breakdown of Home Sale Times
Under 30 Days103 Homes
30 – 90 Days44 Homes
Over 90 Days28 Homes
Many homes in Cedar Rapids are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 178 homes were sold in Cedar Rapids; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
44 DaysThis YearMar 2025 | ||
39 Days1 year agoMar 2024 | +11.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Cedar Rapids had an average listing age of 44 days in Mar 2025, up by 11.7% compared to the previous year.
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Newest Listings in Cedar Rapids, IA
What homes are available in Cedar Rapids, IA?
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MLS Disclaimers and Copyright
Based on information from Cedar Rapids MLS, and Des Moines MLS for the period 04/01/2023 - 04/01/2025

Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.