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Market Intelligence · IA / Linn County

Cedar Rapids, IA home prices and housing market

6 ZIP markets liveData updated September 2026Typical value$210K1-yr changeUp2.3%

The typical home value in Cedar Rapids, IA is $210K as of September 2026, up 2.3% from a year ago, based on the Zillow Home Value Index. In the typical Cedar Rapids ZIP code, the median list price is $266K and homes spend a median of 38 days on market as of September 2026 (Realtor.com).

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The coverage

Cedar Rapids, by the numbers.

Typical home valueZillow ZHVI, September 2026
$210K
1-yr changeMedian across Cedar Rapids ZIPs
+2.3%
ZIP markets live12 tracked in Cedar Rapids
6
County
Linn County

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12-month value trend

+2.3% over 12 months

Typical home value in Cedar Rapids over the last 12 months: $205K in Sep 2025 to $210K in Sep 2026 (+2.3%).

Sep 2025$205K

Sep 2026$210K

Median Zillow home value index across Cedar Rapids's ZIP codes.

Context

In Cedar Rapids, the typical home value is $210,220, up 2.3% over the past year as of September 2026. The median list price stands at $265,535, with 248 homes currently for sale and 228 new listings that month. Homes are spending a median of 38 days on the market, and 14.5% of listings have seen a price cut. The market is active but shows some caution, with a steady flow of new inventory and a meaningful share of sellers adjusting prices downward. If you're weighing a sale, consider that conditions favor neither a rush to list nor extended holding periods.

The numbers

What is the housing market like in Cedar Rapids, IA?

Typical home value

$210K

Up2.3%YoY

Median list price

$266K

Days on market

38

Homes for sale

248

Price cuts

14.5%

New listings

228

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Cedar Rapids's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Cedar Rapids, IA home prices over time

Typical home values in Cedar Rapids, IA are up 2.3% over the past year, from $205K in September 2025 to $210K in September 2026.

Typical home value in Cedar Rapids, IA, September of each year
MonthTypical value1-yr change
September 2026$210,220+2.3%
September 2025$205,450No prior year

Typical value is the median Zillow Home Value Index across Cedar Rapids ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Cedar Rapids, IA a buyer's or seller's market?

Cedar Rapids, IA leans toward a seller's market.

Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 38 days on market and 15% of listings with a price cut in the typical Cedar Rapids ZIP code, and 228 new listings against 248 active listings across Cedar Rapids, as of September 2026 (Realtor.com).

The outlook

Cedar Rapids housing market forecast 2027

+4.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 6 Cedar Rapids ZIP codes, points to typical home values rising 4.6% by September 2027.

Over the 12 months through September 2026, typical home values in Cedar Rapids rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in Cedar Rapids?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Cedar Rapids shows typical home values rising 4.6% by September 2027, after a 2.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 6 Cedar Rapids ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Cedar Rapids ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 12 Cedar Rapids ZIP codes in total; the remaining 6 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Cedar Rapids, IA home prices.

What is the typical home value in Cedar Rapids?

The typical home value in Cedar Rapids is $210,220, up 2.3% over the past year as of September 2026.

How long do homes stay on the market in Cedar Rapids?

Homes in Cedar Rapids spend a median of 38 days on the market as of September 2026.

What is the median list price in Cedar Rapids?

The median list price in Cedar Rapids is $265,535 as of September 2026.

Are home prices going up or down in Cedar Rapids, IA?

Typical home values in Cedar Rapids, IA are up 2.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Cedar Rapids, IA a buyer's or seller's market?

Cedar Rapids, IA leans toward a seller's market. Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 38 days on market and 15% of listings with a price cut in the typical Cedar Rapids ZIP code, and 228 new listings against 248 active listings across Cedar Rapids, as of September 2026 (Realtor.com).

Nearby markets

More Iowa housing markets.

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