Is Cedar Rapids, IA 52411 a buyer’s or seller’s market?
Cedar Rapids is a seller’s market. With about 1 months of supply and 36% 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 supply1Under 4 months = seller’s market
Sold above original list36.3%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$156▲ +1.8% vs. last year
Run the numbers for 52411
Nearby markets
Alburnett 52202Seller’s market $120 /sq ftCedar Rapids 52401Seller’s market $198 /sq ftCedar Rapids 52402Seller’s market $133 /sq ftCedar Rapids 52403Seller’s market $128 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology