$1,841 Closing Credit*
$155,000
1,392 SqFt
3 Beds
•1 Full Bath
Shawna Burrow, Listing Office: NextHome QC Realty
Is Cedar County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cedar County has remained a Seller's Market.
Key Takeaway
Cedar County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedar County, IA
How much do homes in Cedar County, IA cost?
Median Sold Price
$190,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,500(+1.9%)
Key Takeaway
Homes in Cedar County have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Cedar County was $190,000 in October 2024, up 1.9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $70K | -44.0% |
| 2 Bedrooms | $139K | $152.5K | +9.7% |
| 3 Bedrooms | $166.5K | $193K | +15.9% |
| 4 Bedrooms | $309.9K | $245K | -20.9% |
| 5+ Bedrooms | $366K | $445.9K | +21.8% |
Summary: Cedar County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Counties
| Johnson County | $316K | $334.5K | +5.8% |
| Scott County | $218.3K | $230K | +5.4% |
| Cedar County | $186.5K | $190K | +1.9% |
| Clinton County | $145K | $145K | 0.0% |
| Jones County | $185K | $165.5K | -10.5% |
Housing Supply in Cedar County, IA
How many homes are available in Cedar County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 66 | 0.0% |
Summary: The Cedar County real estate market had 66 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 32 | 25 | -21.9% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Cedar County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar County, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Cedar County in October 2024, up by 18.2% month-over-month. Of the 13 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% were sold over asking.
Days on Market for Cedar County, IA
How long does it take to sell a home in Cedar County, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 29 Days | +35.8% |
Summary: Homes in Cedar County had an average of 29 days on market in Oct 2024, up by 35.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cedar County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Cedar County; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. 
Listings courtesy of RMLS Alliance as distributed by MLS GRID.