Cedar Rapids, IA Housing Market 2026: What Homes Actually Sell For

If you invest in or around Cedar Rapids, the number that matters is what homes actually close for, not what sellers are asking. Here is what Cedar Rapids sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.

The snapshot

• •Closings tracked, last 6 months: 1,198
• •Median sold price, last 6 months: $213,750
• •Median sold $/sqft, last 6 months: $134
• •Middle half of sales closed between: $159,900 and $282,500

What the numbers say

Resideline tracked 1,198 closed sales in Cedar Rapids over the last six months, with a median closing price of $213,750. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $159,900 and $282,500. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. The large tracked sample provides substantial market-level evidence. Across the 1,196 closings with usable living area, the middle half sold between $114 and $160 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Cedar Rapids, IA (September 2026)

The median home price in Cedar Rapids is $213,750, measured across the 1,198 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $159,900 and $282,500.

Where Cedar Rapids sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Cedar Rapids over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $159,900 and $282,500. Among the 24 Iowa markets with a published band, Cedar Rapids's middle-half spread ($159,900 to $282,500) ranks 10th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 60th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

How long a sale takes here

• •Listed to under contract: a median of 6 days, across 949 Cedar Rapids closings Resideline tracked in the last six months
• •Contract to closing: a median of 34 days, across 954 Cedar Rapids closings Resideline tracked in the last six months

The Cedar Rapids angle

Cedar Rapids sits mid-pack among the markets we track for closed-price spread, and mid-pack is exactly where the median gets misused. Across 1,198 closings Resideline tracked over the last six months, the median closed sale price was $213,750, and the middle half of sales closed between $159,900 and $282,500, with the upper portion of that band covering more ground than the lower. The range is narrow enough to look trustworthy and wide enough to hurt you if you price off the midpoint, so treat the median as a check on a comp-built number rather than a substitute for one. Higher transaction volume creates more potential comps, but the usable set for an individual property still depends on property type, size, condition, location, and recency.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Cedar Rapids address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Cedar Rapids, IA
Geography: incorporated municipality, Census place 1912000
Data updated: September 2026
Analysis period: last six months
Tracked closings: 1,198
Median sold price: $213,750
Median sold $/sqft: $134 (1,196 qualifying)
https://resideline.com/blog/cedar-rapids-ia-housing-market

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<a href="https://resideline.com/blog/cedar-rapids-ia-housing-market">
  <img src="https://resideline.com/images/embed/cedar-rapids-ia.png" alt="Cedar Rapids, IA home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/cedar-rapids-ia-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Cedar Rapids over the last six months, and is refreshed when the data is.