Housing in Cedar Falls, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$256,000

Median List Price

$296,700

Price Per Sq Ft

$149

Days on Market

14

Active Inventory

72

Months of Supply

2.2

Seller's market

Zillow Home Value

$255,429

ZHVI — January 2026

Zillow Rent Index

$1,441

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 14.8%List Price 4.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

21.2%

Off Market in 2 Weeks

32.4%

Sale-to-List Ratio

97.7%

Buyer's market

Sold Above Asking
21.2%
Under Contract in 2 Wks
32.4%
Listings with Price Drops
41.7%

Market Activity

Source: Redfin

Homes Sold

33

New Listings

28

Pending Sales

34

Homes Sold 38.9%New Listings 51.7%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$149

Median List $/SF

$157

Sale $/SF 0.7%List $/SF 4.0%Mar 24Jan 26

Cedar Falls vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Cedar Falls is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$252,500

Median Rent

$1,177

Total Housing Units

16,612

Vacancy Rate

6.2%

Owner Occupied

62.6%

Renter Occupied

37.4%

Median Property Tax

$3,652

per year

Monthly Cost (w/ Mortgage)

$1,298

Housing Types

Single Family
67.3%
Multi-Family
29.5%
Mobile Home
3.2%

The current median sale price in Cedar Falls, IA is $256,000 according to Redfin data. Homes spend a median of 14 days on the market. 21.2% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $149. Zillow's observed rent index is $1,441/month. About 62.6% of housing units are owner-occupied. The median year homes were built is 1975. There are 16,612 total housing units.