Markets/Iowa/Cedar Rapids

Cedar Rapids, IA Real Estate Market 2026

Investor-grade market analytics for Cedar Rapids, Iowa. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$230,288

+3.4% year-over-year

Est. Rental Yield

5.7%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Cedar Rapids Market Summary

Cedar Rapids, IA shows steady growth at 3.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.99x, below the national average of 4.8x. Climate risk remains low (23/100), favorable for long-term investment stability. Rental yield of 5.71% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score100/100
Price-to-Income Ratio3.0x (national avg 4.8x)
Median Household Income$77,084

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Cedar Rapids, IA's primary climate exposure is wind storms (63/100). The composite climate risk score of 23/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Cedar Rapids dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Cedar Rapids Real Estate Market Data 2026 | Lotlytics | Lotlytics