Cities with the fastest growing home prices in Cedar Rapids metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Cedar Rapids, IA metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 46 cities and towns in Cedar Rapids.

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#30. Van Horne, Iowa

– 1-year price change: +$18,076 (+10.4%)
– 5-year price change: +$43,115 (+29.1%)
– Typical home value: $191,145 (#27 most expensive city in metro)

#29. Monmouth, Iowa

– 1-year price change: +$18,180 (+11.8%)
– 5-year price change: +$43,374 (+33.7%)
– Typical home value: $172,074 (#32 most expensive city in metro)

#28. Urbana, Iowa

– 1-year price change: +$18,393 (+9.3%)
– 5-year price change: +$48,070 (+28.7%)
– Typical home value: $215,465 (#23 most expensive city in metro)

#27. Keystone, Iowa

– 1-year price change: +$18,531 (+13.2%)
– 5-year price change: +$39,691 (+33.2%)
– Typical home value: $159,387 (#36 most expensive city in metro)

#26. Mount Auburn, Iowa

– 1-year price change: +$18,607 (+15.1%)
– 5-year price change: +$30,228 (+27.0%)
– Typical home value: $142,126 (#39 most expensive city in metro)

#25. Cedar Rapids, Iowa

– 1-year price change: +$18,839 (+11.2%)
– 5-year price change: +$48,852 (+35.4%)
– Typical home value: $187,045 (#29 most expensive city in metro)

#24. Norway, Iowa

– 1-year price change: +$21,668 (+12.8%)
– 5-year price change: +$43,126 (+29.2%)
– Typical home value: $191,041 (#28 most expensive city in metro)

#23. Shellsburg, Iowa

– 1-year price change: +$22,412 (+10.5%)
– 5-year price change: +$55,057 (+30.5%)
– Typical home value: $235,295 (#20 most expensive city in metro)

#22. Watkins, Iowa

– 1-year price change: +$25,827 (+11.9%)
– 5-year price change: +$59,811 (+32.8%)
– Typical home value: $242,290 (#17 most expensive city in metro)

#21. Atkins, Iowa

– 1-year price change: +$25,917 (+9.5%)
– 5-year price change: +$64,946 (+27.7%)
– Typical home value: $299,742 (#6 most expensive city in metro)

#20. Martelle, Iowa

– 1-year price change: +$26,245 (+12.1%)
– 5-year price change: +$54,825 (+29.0%)
– Typical home value: $243,680 (#15 most expensive city in metro)

#19. Hiawatha, Iowa

– 1-year price change: +$26,872 (+12.8%)
– 5-year price change: +$66,529 (+39.1%)
– Typical home value: $236,626 (#19 most expensive city in metro)

#18. Walford, Iowa

– 1-year price change: +$27,147 (+10.7%)
– 5-year price change: +$66,565 (+30.9%)
– Typical home value: $281,821 (#9 most expensive city in metro)

#17. Lisbon, Iowa

– 1-year price change: +$27,179 (+11.8%)
– 5-year price change: +$72,230 (+38.8%)
– Typical home value: $258,222 (#12 most expensive city in metro)

#16. Marion, Iowa

– 1-year price change: +$27,711 (+12.8%)
– 5-year price change: +$65,925 (+37.1%)
– Typical home value: $243,502 (#16 most expensive city in metro)

#15. Luzerne, Iowa

– 1-year price change: +$27,778 (+14.2%)
– 5-year price change: +$56,306 (+33.6%)
– Typical home value: $224,032 (#22 most expensive city in metro)

#14. Coggon, Iowa

– 1-year price change: +$29,358 (+16.6%)
– 5-year price change: +$63,837 (+44.9%)
– Typical home value: $205,929 (#24 most expensive city in metro)

#13. Alburnett, Iowa

– 1-year price change: +$30,396 (+13.3%)
– 5-year price change: +$74,816 (+40.7%)
– Typical home value: $258,555 (#11 most expensive city in metro)

#12. Cascade, Iowa

– 1-year price change: +$31,032 (+15.7%)
– 5-year price change: +$64,415 (+39.3%)
– Typical home value: $228,171 (#21 most expensive city in metro)

#11. Fairfax, Iowa

– 1-year price change: +$33,960 (+12.8%)
– 5-year price change: +$75,296 (+33.6%)
– Typical home value: $299,266 (#7 most expensive city in metro)

#10. Center Point, Iowa

– 1-year price change: +$34,938 (+14.7%)
– 5-year price change: +$83,805 (+44.4%)
– Typical home value: $272,456 (#10 most expensive city in metro)

#9. Mount Vernon, Iowa

– 1-year price change: +$35,022 (+13.6%)
– 5-year price change: +$84,001 (+40.4%)
– Typical home value: $291,859 (#8 most expensive city in metro)

#8. Walker, Iowa

– 1-year price change: +$35,774 (+17.4%)
– 5-year price change: +$76,959 (+46.8%)
– Typical home value: $241,382 (#18 most expensive city in metro)

#7. Springville, Iowa

– 1-year price change: +$35,815 (+17.2%)
– 5-year price change: +$74,600 (+43.9%)
– Typical home value: $244,573 (#14 most expensive city in metro)

#6. Palo, Iowa

– 1-year price change: +$37,117 (+13.6%)
– 5-year price change: +$91,414 (+41.8%)
– Typical home value: $310,340 (#4 most expensive city in metro)

#5. Central City, Iowa

– 1-year price change: +$38,002 (+18.3%)
– 5-year price change: +$75,359 (+44.2%)
– Typical home value: $245,732 (#13 most expensive city in metro)

#4. Robins, Iowa

– 1-year price change: +$39,393 (+11.8%)
– 5-year price change: +$93,698 (+33.5%)
– Typical home value: $373,715 (#1 most expensive city in metro)

#3. Toddville, Iowa

– 1-year price change: +$39,697 (+12.7%)
– 5-year price change: +$96,479 (+37.7%)
– Typical home value: $352,065 (#2 most expensive city in metro)

#2. Bertram, Iowa

– 1-year price change: +$42,290 (+15.5%)
– 5-year price change: +$88,842 (+39.1%)
– Typical home value: $315,867 (#3 most expensive city in metro)

#1. Ely, Iowa

– 1-year price change: +$42,872 (+16.2%)
– 5-year price change: +$89,345 (+40.9%)
– Typical home value: $307,673 (#5 most expensive city in metro)