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Cedar Rapids Today

Friday, September 12, 2025

Cedar Rapids home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Cedar Rapids fell by $7,250 while total sales decreased by 15.8%, according to BlockShopper.com.

In December 2018, there were 186 homes sold, with a median sale price of $129,750 - a 5.3% decrease over the $137,000 median sale price for the same period of the previous year. There were 221 homes sold in Cedar Rapids in December 2017.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,557, approximately 2% of the median home sale price for December 2018.

The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Alburnett13-66.7%$189,000$212,000-10.8%
Hiawatha67-14.3%$185,000$149,00024.2%
Center Point5366.7%$170,000$163,0004.3%
Marion6274-16.2%$162,500$140,20015.9%
Bertram20-$148,000$0-
Walker10-$130,000$0-
Cedar Rapids186221-15.8%$129,750$137,000-5.3%
Springville31200%$116,000$217,500-46.7%
Fairfax52150%$115,000$119,432.50-3.7%
Palo46-33.3%$98,550$223,731.50-56%
Central City26-66.7%$50,276.50$124,750-59.7%

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