Is Cedar County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Cedar County was a Buyer'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
$180,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cedar County have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Cedar County was $180,000 in March 2024, up 9.4% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $70K | -44.0% |
| 2 Bedrooms | $116.5K | $135K | +15.9% |
| 3 Bedrooms | $153K | $174.2K | +13.9% |
| 4 Bedrooms | $223K | $275K | +23.3% |
| 5+ Bedrooms | $202.2K | $446.4K | +120.7% |
Summary: Cedar County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 120.7%.
Median Sold Price Compared To Nearby Counties
| Jones County | $155K | $194.5K | +25.5% |
| Johnson County | $285K | $323K | +13.3% |
| Scott County | $205.3K | $226.2K | +10.2% |
| Cedar County | $164.5K | $180K | +9.4% |
| Clinton County | $144.2K | $145K | 0.5% |
Housing Supply in Cedar County, IA
How many homes are available in Cedar County, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 56 | +7.7% |
Summary: The Cedar County real estate market had 56 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Cedar County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Cedar County in March 2024, up by 150.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 121 Days | 26 Days | -77.9% |
Summary: Homes in Cedar County had an average of 26 days on market in Mar 2024, down by 77.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedar County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Cedar County; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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.