Market Overview
Home Prices in Cedar Falls, IA
The median home value in Cedar Falls, IA is $271,836 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cedar Falls are priced34% below average. Cedar Falls is part of the Waterloo-Cedar Falls, IA metro area.
Over the past five years, Cedar Falls home values have risen by approximately29.0%, reflecting strong long-term appreciation in this market.
Price History
Cedar Falls Home Price Trend
City Comparison
Cedar Falls vs. National Median
At $271,836, homes in Cedar Falls cost 34% below the national median of $410,000. This makes Cedar Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cedar Falls?
20% Down Payment
$54,367
on $271,836
Monthly P&I
$1,418/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,801/mo
incl. taxes & insurance
Income Needed
$72,040
gross annual (30% rule)
10% Down Option
$27,184
+ PMI applies
Loan Amount (20% dn)
$217,469
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cedar Falls, IA?
The median home value in Cedar Falls is $271,836 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Cedar Falls?
Over the past year, home values in Cedar Falls have increased by 2.8%. Over five years, prices have risen approximately 29.0%.
How much do I need to earn to buy a home in Cedar Falls?
To comfortably afford the median home price of $271,836 with a 20% down payment ($54,367) at today's rates (6.8%), you'd need a gross annual income of approximately $72,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Cedar Falls compare to the national average home price?
The national median home value is approximately $410,000. At $271,836, homes in Cedar Falls are 34% below the national average.
What metro area is Cedar Falls part of?
Cedar Falls is part of the Waterloo-Cedar Falls, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.