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Cedar Rapids Today

Saturday, September 13, 2025

Cedar Rapids home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Cedar Rapids rose by $9,000 while total sales increased by 5.5%, according to BlockShopper.com.

From July through December of 2018, there were 1,418 homes sold, with a median sale price of $139,000 - a 6.9% increase over the $130,000 median sale price for the same period of the previous year. There were 1,344 homes sold in Cedar Rapids in the second half of 2017.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,557, approximately 1.8% of the median home sale price for the second half of 2018.

The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Center Point2931-6.5%$169,900$195,000-12.9%
Alburnett8714.3%$169,000$170,000-0.6%
Palo2633-21.2%$166,750$219,000-23.9%
Hiawatha5261-14.8%$163,750$129,90026.1%
Lisbon252025%$139,500$152,750-8.7%
Cedar Rapids1,4181,3445.5%$139,000$130,0006.9%
Coggon10100%$133,750$79,75067.7%
Springville211631.3%$133,000$118,50012.2%
Central City2127-22.2%$131,400$89,00047.6%
Walker10666.7%$123,320$62,00098.9%
Bertram51400%$56,000$485,000-88.5%

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