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
           On average, homes in Downtown Cedar Rapids, Cedar Rapids sell after 83 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Cedar Rapids, Cedar Rapids over the last 12 months is $93,000, down 46% from the median home sale price over the previous 12 months. 
		
			
    
            
                
                    
                            Median Sale Price
                            $93,000
                     
                 
                    
                        
                                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
                            $147
                     
                 
                    
                        
                                Number of Homes for Sale
                                5
                         
                     
             
            
                
                    
                            Last 12 months Home Sales
                            12
                     
                 
                    
             
            
                
                    
                            Median List Price
                            $100,950
                     
                 
                    
                        
                                Median Change From 1st List Price
                                5%
                         
                     
             
            
                
                    
                            Median Home Sale Price YoY Change
                            -46%