What is the median home value in Cedar Rapids, NE?

Name: Home values in Cedar Rapids, NE, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Cedar Rapids, NE is $79,600 (±$12,193), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Cedar Rapids, the median home value went from $80,000 in 2015–2019 to $79,600 in 2020–2024 (−0.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $79,600 (±$12,193)
Owner-occupied homes: 160 (±46)
Most common range: $50,000 to $99,999

Home values in Cedar Rapids

Owner-occupied homes by value, 2020–2024
Value	Cedar Rapids	Boone County	Nebraska	United States
Less than $50,000	21.3% (±9.3 points)	9.4%	6.0%	5.3%
$50,000 to $99,999	35.0% (±10.4 points)	14.6%	8.0%	6.1%
$100,000 to $149,999	8.1% (±4.6 points)	14.4%	10.1%	6.8%
$150,000 to $199,999	19.4% (±14.3 points)	16.2%	14.1%	9.0%
$200,000 to $299,999	11.3% (±7.5 points)	20.6%	27.2%	17.8%
$300,000 to $499,999	3.8% (±3.0 points)	17.4%	25.1%	26.9%
$500,000 to $999,999	0.0% (±14.4 points)	5.6%	8.2%	20.9%
$1,000,000 or more	1.3% (±1.8 points)	1.7%	1.3%	7.1%

The most common range is $50,000 to $99,999, 35.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cedar Rapids against Boone County, its state and the nation

Estimate (90% margin of error)
	Cedar Rapids	Boone County	Nebraska	United States
Median home value	$79,600 (±$12,193)	$173,700 (±$15,242)	$238,600 (±$1,365)	$332,700
Owner-occupied homes	160 (±46)	1,794 (±96)	530,878 (±4,181)	84,210,142

In Cedar Rapids, the median home value is lower than in Boone County ($173,700).

It is also lower than in Nebraska ($238,600).

It is lower than the national figure ($332,700).

In Boone County, Cedar Rapids ranks 4 of 4 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 599 of 720.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Cedar Rapids have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$80,000 (±$43,682)	$79,600 (±$12,193)	−0.5%	No measurable change after inflation
Median owner cost with a mortgage	$782 (±$201)	$1,297 (±$447)	+65.9%	No measurable change after inflation
Median real estate taxes	$588 (±$92)	$990 (±$197)	+68.4%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Cedar Rapids

Nearest places with a published estimate, compared with Cedar Rapids
Place	Distance	Median home value	Compared with this place
Cedar Rapids	—	$79,600 (±$12,193)	—
Belgrade	7.4 mi	$42,900 (±$8,322)	Lower
Timber Creek Township	8.9 mi	$42,700 (±$7,583)	Lower
Cedar Township	11 mi	$327,300 (±$129,839)	Higher
Albion	12 mi	$219,000 (±$11,039)	Higher
Spalding	14 mi	$127,300 (±$36,095)	Higher
Fullerton Township	15 mi	$412,500 (±$185,375)	Higher
St. Edward	15 mi	$102,100 (±$61,486)	Not measurably different
Loup Ferry Township	15 mi	$207,800 (±$202,205)	Not measurably different

Nearby places with a measurably lower figure: Belgrade, NE ($42,900), Timber Creek Township, NE ($42,700).

Nearby places with a measurably higher figure: Cedar Township, NE ($327,300), Albion, NE ($219,000), Spalding, NE ($127,300).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Boone County, place by place

Rank	Place	Median home value
1	Albion	$219,000 (±$11,039)
2	Petersburg	$152,300 (±$22,202)
3	St. Edward	$102,100 (±$61,486)
4	Cedar Rapids	$79,600 (±$12,193)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cedar Rapids

What is the average home value in Cedar Rapids, NE?

The Census Bureau publishes the median: $79,600 (±$12,193) for owner-occupied homes in Cedar Rapids (2020–2024 American Community Survey).

Have home values in Cedar Rapids gone up?

In Cedar Rapids, the median home value went from $80,000 in 2015–2019 to $79,600 in 2020–2024 (−0.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Cedar Rapids sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cedar Rapids village, Nebraska (place:08220, in state:31).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.