Cedar Rapids, NE is a great place to live with a median value of houses that is much lower than the US median value. Over the past year, housing appreciation in Cedar Rapids has been higher than average, clocking in at 10.45%, compared to the US average of 8.27%. This indicates that investing in property in Cedar Rapids may be a wise decision, as there is good potential for growth in terms of value. With its low median house prices and high appreciation rate, Cedar Rapids is an attractive option for those looking to purchase or invest in property.
The median home cost in Cedar Rapids is $91,700. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Cedar Rapids is up 15.2%.
Average Age of Homes
- The median age of Cedar Rapids real estate is 78 years old
The Rental Market in Cedar Rapids
- Renters make up 7.1% of the Cedar Rapids population
- 0.0% of houses and apartments in Cedar Rapids, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.