Local Market0 views · 1 answer
How competitive is the Cedar Rapids housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 91/100
- YoY Excellent Chance of Selling
- Pending ratio
- 1.26
- YoY contracts vs active
- Inventory YoY
- -0.2%
- YoY active listings
- Median DOM
- 44
- YoY days on market
- Price cuts
- 28.3%
- YoY of active listings
Cedar Rapids is competitive as of May 2026, with a Sold Score of 91/100 (Excellent Chance of Selling).
**Pending ratio** is 1.26 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -23.8% — fewer choices for buyers than a year ago.
**Median days on market** is 44. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 28.3% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 91/100 (Excellent Chance of Selling) · Pending ratio: 1.26 · Inventory YoY: -23.8% · Median days on market: 44 · Sellers cutting price: 28.3% · Median listing price: $312,500 (+7.8% YoY)
Cedar Rapids snapshot
As of the latest 2026 data- Median listing
- $313K
- YoY +0.1%
- Active inventory
- 537
- YoY -0.2%
- Median DOM
- 44
- YoY 0.0%
- Pending ratio
- 1.26
- YoY +0.4%
- Price-reduced
- 9.5%
- YoY -0.1%