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CEDAR RAPIDS, NE 68627

Real Estate Market Report  ·  Boone County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$125,000
⇩ 32.4% vs $184,900 last year
Average Price
$125,000
⇩ 54% vs $271,633 last year
Days on Market
⇩ 100% vs 166 days last year

Market Context

Population: 829  ·  Density: 2.2/mi²  ·  Median household income: $66,250

Typical home value: $117,315  ·  Homeownership: 90.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CEDAR RAPIDS, NE real estate market (68627) currently shows 1 active listings.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

The median listing price has fallen 32.4% year-over-year, from $184,900 to $125,000.

Whether you are buying or selling in CEDAR RAPIDS, NE, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year

Median & Average Pricing

Year over Year
  • Median: $125,000 (-32.4% YoY)
  • Average: $125,000 (-54% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.3 miles — 59 listings ($14,451,463 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68627Cedar Rapids, NE 686270.0 mi1$125,000$125,000$125,000
68882Wolbach, NE 6888214.7 mi3$322,350$107,450$107,450
68660Saint Edward, NE 6866015.8 mi2$597,500$298,750$298,750
68842Greeley, NE 6884219.0 mi1$199,000$199,000$199,000
68640Genoa, NE 6864021.4 mi7$1,462,881$185,000$208,983
68873Saint Paul, NE 6887325.2 mi8$2,917,800$334,950$364,725
68875Scotia, NE 6887526.6 mi3$1,236,000$412,000$412,000
68826Central City, NE 6882627.5 mi20$4,496,000$234,000$224,800
68628Clarks, NE 6862828.3 mi4$1,137,332$289,000$284,333
68663Silver Creek, NE 6866329.3 mi2$171,500$85,750$85,750
68636Elgin, NE 6863631.8 mi5$698,750$139,750$139,750
68872Saint Libory, NE 6887232.3 mi0$0$279,900$279,900
68653Platte Center, NE 6865335.3 mi3$1,087,350$362,450$362,450

Frequently Asked Questions

How many homes are for sale in CEDAR RAPIDS, NE 68627?

As of January 2026, there are 1 active listings in CEDAR RAPIDS, NE (zip code 68627), compared to 3 the prior year.

What is the median home price in CEDAR RAPIDS, NE 68627?

The median listing price in CEDAR RAPIDS, NE 68627 is $125,000 as of January 2026, a 32.4% decrease from $184,900 the prior year.

How long do homes stay on the market in CEDAR RAPIDS, NE?

Homes in CEDAR RAPIDS, NE 68627 spend an average of 0 days on the market before going under contract, compared to 166 days the prior year.

Is it a seller's or buyer's market in CEDAR RAPIDS, NE 68627?

Based on current inventory and days-on-market data as of January 2026, CEDAR RAPIDS, NE 68627 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

How much can I save on real estate commission in CEDAR RAPIDS, NE?

With SELL123.com's maximum 3% commission, sellers in CEDAR RAPIDS, NE 68627 save an estimated $2,500 compared to a typical 5% commission on the median listing price of $125,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.