Why Live in Southwest Area
The Southwest Area neighborhood is nestled between the Cedar River and Prairie Creek in Cedar Rapids. The rapidly growing community is known for its lower-than-average real estate prices and central location. The neighborhood features a mix of home styles, including Craftsman, bungalows and ranch-style homes, primarily built in the 1950s and 1960s, though newer developments are emerging on the outskirts. The area is largely residential, with homes arranged in grids connected by sidewalks. Street parking is common in older sections, while driveways and garages are more prevalent in newer areas. Nearby Czech Village and New Bohemia, collectively known as "The District," offer shopping, dining, and cultural experiences, including annual events like Houby Days and St. Joseph's Day. Jones Memorial Park, one of the largest public parks in Cedar Rapids, spans 236 acres and includes basketball, tennis and pickleball courts, as well as baseball and soccer fields. Mount Trashmore, a former landfill, now offers walking and biking trails with panoramic views. The neighborhood's proximity to Interstate 380 provides easy access to Iowa City and downtown Cedar Rapids, just 2 miles north, while the East Iowa Airport is 7 miles southwest. Public transportation is accessible via the CRT bus line. The area is prone to flooding, particularly near the Cedar River, prompting the city to implement interim flood management measures.
Home Trends in Southwest Area, IA
On average, homes in Southwest Area, Cedar Rapids sell after 32 days on the market compared to the national average of 53 days. The median sale price for homes in Southwest Area, Cedar Rapids over the last 12 months is $170,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$170,000
Median Single Family Sale Price
$170,475
Median 2 Bedroom Sale Price
$105,000
Median 1 Bedroom Sale Price
$77,000
Average Price Per Sq Ft
$133
Number of Homes for Sale
23
Last 12 months Home Sales
198
Median List Price
$174,995
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%