Metro area index
Home appreciation in the Cedar Rapids, IA metro area
FHFA HPI® data shows the Cedar Rapids, IA metro area's all-transactions index changed +4.8% over the year to Q2 2026, versus +3.2% for Iowa and +3.0% for the U.S. That ranks 108th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.8%
- 5-year change
- +35.1%
- Since Q1 1995
- +158%
- Metro rank (1 year)
- 108th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Cedar Rapids, IA vs Iowa and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Cedar Rapids, IA: 257.6
- Iowa: 312.1
- United States: 391.6
Appreciation by time window
| Window | Metro | IA | U.S. | Gap vs IA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.8% | +3.2% | +3.0% | +1.6 pts | +1.8 pts |
| 3 years | +13.5% | +13.1% | +12.9% | +0.4 pts | +0.6 pts |
| 5 years | +35.1% | +37.4% | +41.3% | −2.3 pts | −6.2 pts |
| 10 years | +65.8% | +70.6% | +93.3% | −4.8 pts | −27.6 pts |
| Since Q1 1995 | +158% | +212% | +292% | −54.5 pts | −134.0 pts |
3-digit ZIP regions in the Cedar Rapids, IA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 524 · Cedar Rapids, IA area | IA | +5.7% | +34.8% | +151% | 100% |
| 523 · Marion, IA area | IA | +6.1% | +38.1% | +183% | 52% |
| 522 · Iowa City, IA area | IA | +2.3% | +33.6% | +177% | 25% |
Boom, bust, and recovery in Cedar Rapids, IA area
Cedar Rapids, IA area's index peaked in Q1 2009, fell 1.9% to its low in Q2 2011, and regained its peak in Q1 2013, about 4 years after the top. Today it sits +72.6% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q2 2011 | -1.9% | Q1 2013 (4 yrs) | +72.6% |
| IA | Q1 2009 | Q2 2011 | -2.5% | Q4 2012 (3.8 yrs) | +86.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Cedar Rapids, IA area's index has changed +16.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.9% | -0.6% | -0.8% |
| 3 years | +9.8% | +3.4% | +3.0% | +2.8% |
| 5 years | +24.0% | +8.9% | +10.8% | +13.9% |
| 10 years | +39.1% | +19.2% | +22.7% | +39.0% |
| Since Q1 1995 | +121% | +16.3% | +40.9% | +76.8% |
If you bought in the Cedar Rapids, IA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +153% | $760,213 |
| Q2 2000 | +117% | $651,666 |
| Q2 2005 | +80.8% | $542,422 |
| Q2 2010 | +73.9% | $521,658 |
| Q2 2015 | +67.4% | $502,099 |
| Q2 2020 | +47.6% | $442,822 |
| Q2 2021 | +35.1% | $405,308 |
| Q2 2023 | +13.5% | $340,508 |
| Q2 2025 | +4.9% | $314,558 |
Frequently asked questions
- How much have home prices risen in the Cedar Rapids, IA area?
- FHFA HPI® data for the Cedar Rapids, IA metro area shows changes of +4.8% over one year, +35.1% over five years, and +65.8% over ten years to Q2 2026, and +158% since Q1 1995.
- Is the Cedar Rapids, IA area beating the national average?
- Over the past year the metro's index moved +1.8 pts versus the U.S.; over five years the gap is −6.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.