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Market in a Minute: September 2026

September brought mixed signals across Eastern Iowa. Cedar Rapids prices climbed while Iowa City held steady, and sales slowed from August in both metro areas. Inventory stayed well below last year, and homes kept selling faster than they did a year ago.

Cedar Rapids metro area

Cedar Rapids, Hiawatha, Marion, Robins

The Cedar Rapids metro’s average sale price rose to $298,000, up 6% from August and 19% from September 2025. Prices kept climbing even as the pace of sales eased.

A total of 270 homes sold in September, down 11% from last month but up 9% year-over-year. Pending listings dipped to 252, down 10% from August and 8% from last year.

Active listings rose slightly to 366, up 4% from last month but still 35% below last year’s inventory. Homes sold even faster, averaging 19 days on market, down 5% from August and 39% faster than last September.

The $200,000–$299,999 range led the market with 86 sales, followed by $100,000–$199,999 at 76. The $300,000–$399,999 segment saw 55 sales, up 34% year-over-year, while the $400,000+ range reached 52 sales, up 16% from August and 73% from last year.

Iowa City metro area

Iowa City, Coralville, North Liberty, Solon, Tiffin

The Iowa City metro’s average sale price held at $374,000, unchanged from August and down 7% from September 2025.

A total of 127 homes sold, down 31% from last month and 4% from September 2025. Pending listings rose to 147, up 8% from August and 3% from last year, pointing to steady buyer activity heading into fall.

Active listings eased to 505, down 3% from last month and 29% from last year. Homes averaged 51 days on market, down 15% from August and 32% faster than last September.

The $400,000+ category remained the top performer with 41 sales, though down 36% from last month. The $200,000–$299,999 and $300,000–$399,999 ranges each saw 35 sales, with the $200,000–$299,999 range up 25% year-over-year. The $100,000–$199,999 range saw 15 sales, down 38% from August.

Whether you’re buying, selling, or keeping an eye on the market, September’s numbers show Eastern Iowa’s housing market staying competitive into fall. Prices are holding or rising, inventory remains tight, and homes are selling faster than a year ago. If you’re wondering what these trends mean for your next move, connect with your trusted Skogman Realtor®.

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