Cedar Rapids, IA metro area Housing Market Brief
metro · IA · as of August 2026
What is Cedar Rapids, IA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Cedar Rapids, IA metro area in its market cycle?
Cedar Rapids, IA metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Cedar Rapids, IA metro area?
Our model forecasts Cedar Rapids, IA metro area’s home prices to rise about 8.0% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Cedar Rapids, IA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $252K | ▲ +7.3% |
| Median Days on Market | 44 days | ▼ -2.2% |
| Months of Supply | 1.5 | ▼ -31.8% |
| Homes for Sale | 564 | ▼ -30.3% |
| Homes Sold | 388 | ▲ +2.7% |
| Median Price / Sq Ft | $140 | ▲ +0.2% |
How has Cedar Rapids, IA metro area’s Alpha Score moved?
Markets like Cedar Rapids, IA metro area
- Hutchinson, KS metro area, KSmetro66
- Topeka, KS metro area, KSmetro63
- Starkville, MS metro area, MSmetro69
- Springfield, OH metro area, OHmetro62
- Weirton, WV metro area, OHmetro66
- Elmira, NY metro area, NYmetro65
- Williamsport, PA metro area, PAmetro63
- Monroe, MI metro area, MImetro63
- Davenport, IA metro area, IAmetro67
- Peoria, IL metro area, ILmetro66
Frequently asked questions
Is Cedar Rapids, IA metro area a buyer's or seller's market?
As of August 2026, Cedar Rapids, IA metro area is classified as a Seller's Market, based on its Alpha Score of 67 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Cedar Rapids, IA metro area?
The median sale price in Cedar Rapids, IA metro area is $252K, having risen 7.3% over the past year.
How affordable is Cedar Rapids, IA metro area?
Cedar Rapids, IA metro area scores 86 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Cedar Rapids, IA metro area's Alpha Score?
Cedar Rapids, IA metro area's strongest dimension is Affordability (86/100) and its weakest is Economic Strength (47/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Cedar Rapids, IA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.