Is Cedar Rapids, IA 52401 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Cedar Rapids is a seller’s market. With about 1.8 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.8Under 4 months = seller’s market

Sold above original list14.3%Share of sales, last 3 months

Median sale-to-list99.7%Sold price ÷ list price

Median days on market11Listing to accepted offer

Median price per sq ft$198▲ +77.7% vs. last year

Run the numbers for 52401

Prefilled for 52401Can I win this house?Multiple-offer likelihood for a listing Prefilled for 52401Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alburnett 52202Seller’s market $120 /sq ft Cedar Rapids 52402Seller’s market $133 /sq ft Cedar Rapids 52403Seller’s market $128 /sq ft Cedar Rapids 52404Seller’s market $149 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology