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Downtown Cedar Rapids Houses for Sale

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  • /26

    $98,500

    • 2 Beds
    • 2 Baths
    • 870 Sq Ft

    400 1st St SE Unit 301, Cedar Rapids, IA 52401

    *24-hour notice Tenant's Rights * Current tenant is on a month-to month lease. A unique opportunity to own part of the Cedar Rapids skyline! With brand new LVP flooring and fresh paint, this beautiful 2-bedroom 2-bathroom condo offers an amazing view of the cityscape! Association fees include fitness center, roof top patio, secured entrance, and wireless internet! The building is attached to the

    Raymond Siddell Keller Williams Legacy Group

    400 1st St SE Unit 301, Cedar Rapids, IA 52401
  • /6

    $139,960

    Lot 42 Kestrel Heights, Cedar Rapids, IA 52403

    Don’t miss your chance to build your dream home on a premium lot in the vibrant new Kestrel Heights development—these sought-after lots are already being purchased! Nestled on the southeast side of Cedar Rapids, this 65-acre community combines the charm of rural living with the convenience of city amenities. With lot sizes starting at 1⁄4 acre, there’s an option to suit every vision, but the most

    Alexis Kemp RE/MAX CONCEPTS

    Lot 42 Kestrel Heights, Cedar Rapids, IA 52403
  • /25

    $389,900

    • 2 Beds
    • 2 Baths
    • 1,644 Sq Ft

    100 4th Ave SW Unit 204, Cedar Rapids, IA 52404

    You have just found luxury loft living in one of Cedar Rapids’ most sought-after buildings! Welcome to this stunning two-bedroom, two-bath condo at Kingston Commons—where modern comfort meets unbeatable views of the river and downtown skyline. This is a rare opportunity—only four units have sold here in the last five years, so don’t miss your chance to call this exclusive community home. From

    Noelle Madden Realty87

    100 4th Ave SW Unit 204, Cedar Rapids, IA 52404

Why Live in Downtown Cedar Rapids

Downtown Cedar Rapids, straddling the Cedar River, has seen significant revitalization, transforming into a vibrant cultural hub. The area features a mix of new riverfront buildings and improved walkability, with a new bridge set to be completed in 2025. The neighborhood offers a variety of amenities, including shops, restaurants, breweries, and bars. Popular dining spots include Black Sheep Social Club, LP Street Food, and Need Pizza. Residents can enjoy coffee at Dash Coffee Roasters and shop for groceries at Hy-Vee. The Paramount Theatre hosts a range of events, and the annual farmers market features entertainment and numerous vendors. The Freedom Festival, leading up to July Fourth, includes parades and carnivals. Greene Square, the only park in the area, offers a modern art-inspired space for picnicking and gatherings. Cultural attractions include the National Czech & Slovak Museum and the Cedar Rapids Museum of Art. Housing primarily consists of condominiums in converted warehouses or new buildings, with many offering amenities like fitness centers and green spaces. Interstate 380 provides easy commuting, and Eastern Iowa Airport is an 8-mile drive away. While the area has experienced flooding, significant investments have been made in flood protection.

Home Trends in Downtown Cedar Rapids, IA

Housing Trends

Median Sale Price
$92,500
Median Single Family Sale Price
$93,500
Median 2 Bedroom Sale Price
$95,900
Median 1 Bedroom Sale Price
$49,000
Average Price Per Sq Ft
$148
Number of Homes for Sale
5
Last 12 months Home Sales
11
Months of Supply
5.50
Median List Price
$100,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-40%
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