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1 / 30#30. Mount Auburn, IA
- Typical home value: $259,872
- 1-year price change: +11.9%
- 5-year price change: +40.3%
Cities with the most expensive homes in the Cedar Rapids metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Cedar Rapids metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 46 cities and towns.
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2 / 30#29. Hiawatha, IA
- Typical home value: $262,180
- 1-year price change: +5.3%
- 5-year price change: +26.8%
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3 / 30#28. Urbana, IA
- Typical home value: $268,911
- 1-year price change: +8.6%
- 5-year price change: +34.0%
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4 / 30#27. Newhall, IA
- Typical home value: $271,451
- 1-year price change: +10.5%
- 5-year price change: +34.8%
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5 / 30#26. Norway, IA
- Typical home value: $279,742
- 1-year price change: +5.4%
- 5-year price change: +36.0%
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6 / 30#25. Marion, IA
- Typical home value: $279,823
- 1-year price change: +4.0%
- 5-year price change: +22.6%
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7 / 30#24. Walker, IA
- Typical home value: $290,511
- 1-year price change: +5.3%
- 5-year price change: +30.7%
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8 / 30#23. Garrison, IA
- Typical home value: $291,961
- 1-year price change: +13.4%
- 5-year price change: +32.2%
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9 / 30#22. Monmouth, IA
- Typical home value: $294,371
- 1-year price change: +14.0%
- 5-year price change: +39.8%
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10 / 30#21. Springville, IA
- Typical home value: $295,990
- 1-year price change: +8.1%
- 5-year price change: +36.3%
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11 / 30#20. Central City, IA
- Typical home value: $296,549
- 1-year price change: +7.7%
- 5-year price change: +35.2%
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12 / 30#19. Cascade, IA
- Typical home value: $299,043
- 1-year price change: +6.3%
- 5-year price change: +33.9%
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13 / 30#18. Alburnett, IA
- Typical home value: $308,361
- 1-year price change: +5.8%
- 5-year price change: +29.0%
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14 / 30#17. Fairfax, IA
- Typical home value: $308,812
- 1-year price change: +3.8%
- 5-year price change: +20.9%
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15 / 30#16. Lisbon, IA
- Typical home value: $311,581
- 1-year price change: +4.3%
- 5-year price change: +27.5%
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16 / 30#15. Van Horne, IA
- Typical home value: $311,959
- 1-year price change: +10.5%
- 5-year price change: +37.0%
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17 / 30#14. Martelle, IA
- Typical home value: $312,888
- 1-year price change: +8.4%
- 5-year price change: +36.3%
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18 / 30#13. Keystone, IA
- Typical home value: $326,476
- 1-year price change: +11.9%
- 5-year price change: +43.9%
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19 / 30#12. Center Point, IA
- Typical home value: $327,879
- 1-year price change: +5.5%
- 5-year price change: +26.8%
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20 / 30#11. Walford, IA
- Typical home value: $335,046
- 1-year price change: +10.3%
- 5-year price change: +38.4%
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21 / 30#10. Palo, IA
- Typical home value: $341,983
- 1-year price change: +4.5%
- 5-year price change: +23.3%
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22 / 30#9. Bertram, IA
- Typical home value: $344,729
- 1-year price change: +5.8%
- 5-year price change: +29.4%
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23 / 30#8. Shellsburg, IA
- Typical home value: $344,785
- 1-year pe change: +10.2%
- 5-year price change: +42.3%
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24 / 30#7. Mount Vernon, IA
- Typical home value: $353,927
- 1-year price change: +4.4%
- 5-year price change: +26.9%
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25 / 30#6. Ely, IA
- Typical home value: $371,291
- 1-year price change: +4.1%
- 5-year price change: +28.1%
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26 / 30#5. Atkins, IA
- Typical home value: $374,941
- 1-year price change: +9.5%
- 5-year price change: +36.1%
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27 / 30#4. Luzerne, IA
- Typical home value: $378,929
- 1-year price change: +7.9%
- 5-year price change: +34.3%
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28 / 30#3. Robins, IA
- Typical home value: $410,323
- 1-year price change: +3.9%
- 5-year price change: +20.0%
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29 / 30#2. Watkins, IA
- Typical home value: $423,696
- 1-year price change: +17.7%
- 5-year price change: +52.7%
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30 / 30#1. Toddville, IA
- Typical home value: $434,994
- 1-year price change: +6.4%
- 5-year price change: +28.2%
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