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Single-family Foreclosures in Cedar Rapids, IA

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Cedar Rapids, IA Foreclosures

How much do homes sell for in Cedar Rapids, IA?
The average home price is currently $237,977.
In Cedar Rapids, IA, how many homes are available?
There are currently 769 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 $1,389.
What is the most expensive home in Cedar Rapids?
The most expensive home sold in Cedar Rapids had a price of $11,818,383.
What is currently the cheapest priced home in Cedar Rapids, IA?
The cheapest home for sale in Cedar Rapids is priced at $10,410.

Living in Cedar Rapids, IA

Cedar Rapids is a thriving city in Iowa that combines urban convenience with suburban charm. Known for its rich cultural scene, excellent schools, and beautiful parks, it provides a high quality of life for residents. With a strong economy and a variety of recreational opportunities, Cedar Rapids is an ideal place for families and professionals to live.

Current Market Conditions in Cedar Rapids, IA

The Cedar Rapids real estate market has been steadily growing, with an increasing demand for homes. Prices have appreciated modestly due to limited inventory, but the market remains accessible for first-time buyers and investors.

Currently, there is a balanced market in Cedar Rapids, with a mix of single-family homes, townhouses, and condominiums available. Interest rates are still relatively low, encouraging buyers to purchase within the area.

Home Value Estimator For Cedar Rapids, IA

There are currently 59,031 real estate properties in Cedar Rapids, IA, with a median automated valuation model (AVM) price of $195,573.00. 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 $237,977.00, with the most expensive house in Cedar Rapids, IA, topping out at $11,818,383.00 and the cheapest home in Cedar Rapids, IA, clocking in at $10,410.00. 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 $1,389.00. 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 $1,330.00. 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 Single-family Homes

Market Trend for Cedar Rapids, IA

Total Listings Available: 769

Market Values:

Home Prices from $10,410 to $11,818,383

Average Sales Price: $237,977

Rental Values:

Rental from $550 to $3,280

Average Rent Value: $1,389 / month

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