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Preforeclosure Homes in Cedar Rapids, IA 52411

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Cedar Rapids, IA Foreclosures

How much do homes sell for in Cedar Rapids, IA?
The average home price is currently $265,607.
In Cedar Rapids, IA, how many homes are available?
There are currently 1 active home listings available in Cedar Rapids.
What’s the average rental cost in Cedar Rapids, IA?
The average rental price in Cedar Rapids is $1,388.
What is the most expensive home in Cedar Rapids?
The most expensive home sold in Cedar Rapids had a price of $81,701,192.
What is currently the cheapest priced home in Cedar Rapids, IA?
The cheapest home for sale in Cedar Rapids is priced at $12,012.

Living in Cedar Rapids, IA

Cedar Rapids, IA is a flourishing city that combines urban convenience with a warm, community-focused atmosphere. Known for its diverse economy and family-friendly neighborhoods, this city offers numerous parks, cultural activities, and top-notch educational facilities. With access to modern amenities and outdoor recreational opportunities, Cedar Rapids is an ideal location for those seeking a balanced lifestyle.

Current Market Conditions in Cedar Rapids, IA

The real estate market in Cedar Rapids has shown consistent growth over the past year, with an increase in home values driven by low inventory and strong demand. As families continue to move to the area for its affordability and quality of life, new developments are underway to accommodate this growth, making it an opportune time for investment.

Recently, the market has started to stabilize, leading to a slight easing in the rapid price increases observed last year. Buyers are becoming more discerning, leading to additional time on the market for some properties, but overall demand remains strong.

Home Value Estimator For Cedar Rapids, IA

There are currently 61,053 real estate properties in Cedar Rapids, IA, with a median automated valuation model (AVM) price of $195,251.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar Rapids, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cedar Rapids, IA, is $265,607.00, with the most expensive house in Cedar Rapids, IA, topping out at $81,701,192.00 and the cheapest home in Cedar Rapids, IA, clocking in at $12,012.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar Rapids, IA!

Rent Prices In Cedar Rapids, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar Rapids, IA, is on a rollercoaster ride. The average rent price in Cedar Rapids, IA, is $1,388.00. Indeed, when looking to rent in Cedar Rapids, IA, you can expect to pay as little as $550.00 or as much as $3,280.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Cedar Rapids, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cedar Rapids, IA 52411 Preforeclosure Homes


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