Market Intelligence Report — IA-300

Cedar Rapids, IA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IA-08
As of the latest 2026 data
Very Competitive

Median Listing

$325K
+20.4% YoY

Pending Ratio

1.13
+54.6% YoY

Active Inventory

551
-35.1% YoY

Median DOM

46 Days
-8.0% YoY

Primary Intelligence Tool — Sold Score™

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The Cedar Rapids market demonstrates exceptionally high absorption, with a pending ratio of 1.13, indicating demand significantly outstrips available inventory. Active listings have contracted by 35.1% year-over-year, contributing to sustained upward pressure on median listing prices, which advanced 20.4% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.7%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

279,285+0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Cedar Rapids market right now.

The market is characterized by a notable contraction in active listings, down 35.1% year-over-year, even as new listings saw a moderate increase of 6.9% over the past year. Demand signals remain robust, evidenced by a pending ratio of 1.13, which also represents a 54.6% increase year-over-year. Median listing prices have escalated significantly, showing a 20.4% year-over-year increase, while median days on market decreased by 8.0% over the past year.

Historical Analysis

Market Trends

Median Price

$325K-0.2% MoM

Active Inventory

551-35.1% YoY

Days on Market

46-8.0% YoY

Sold Score™

90+54.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

90
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio exceeding 1.0, the current market dynamic places considerable pressure on the pace of transactions. Limited available inventory and rapid absorption rates necessitate swift engagement, affording little opportunity for extended negotiations or significant price adjustments. This environment rewards properties that are priced acutely to market conditions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

551 active listings represent the current floor, with new supply arriving at roughly 372 per month.

Pricing Pressure
14.1%

of active listings carry a price reduction, -6.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.9% year-over-year.

Absorption
1.13

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Cedar Rapids, IA? Homes here are taking 4 days less to sell than last year.

Demand in Cedar Rapids, IA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
113%
Median Days on Market
46 days
Inventory YoY
−35%

Demand is strong in Cedar Rapids, IA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Cedar Rapids, IA
CBSA Code
16300
State
IA

ZIPs in Cedar Rapids, IA

Sorted by active inventory · click a ZIP for its full report