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Market in a Minute: October 2026

October held steady across Eastern Iowa, with each metro moving in a different direction. Iowa City prices and sales rose from September, while Cedar Rapids cooled slightly. Inventory stayed well below last year in both metros, 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 eased to $278,000. That’s down 5% from September but up 4% from October 2025.

A total of 264 homes sold in October, down 8% from last month and 4% year-over-year. Pending listings dipped to 228, down 9% from September but up 7% from last year.

Active listings held at 364, unchanged from last month and 43% below last year’s inventory. Homes averaged 29 days on market. That’s up 12% from September but still 17% faster than last October.

The $200,000–$299,999 range led the market with 98 sales, up 11% year-over-year, followed by $100,000–$199,999 at 77. The $400,000+ range saw 45 sales, up 32% from last year. The $300,000–$399,999 segment had 41 sales, down 28% from September.

Iowa City metro area

Iowa City, Coralville, North Liberty, Solon, Tiffin

The Iowa City metro’s average sale price rose to $396,000, up 6% from September and 3% from October 2025.

A total of 146 homes sold, up 15% from last month but down 9% from October 2025. Pending listings fell to 127, down 16% from September and 13% from last year.

Active listings grew to 527. That’s up 4% from last month but still 26% below last year. Homes averaged 39 days on market, down 11% from September and 35% faster than last October.

The $400,000+ category stayed the top performer with 51 sales, up 24% from last month. The $200,000–$299,999 range followed with 40 sales, up 14% from September, and the $300,000–$399,999 range had 39 sales, up 11%. The $100,000–$199,999 range had 17 sales, down 35% year-over-year.

Whether you’re buying, selling, or keeping an eye on the market, October’s numbers show Eastern Iowa’s housing market holding steady heading into the holidays. Prices are up from a year ago in both metros, inventory remains tight, and homes are still selling faster than last fall. If you’re wondering what these trends mean for your next move, connect with your trusted Skogman Realtor®.

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