Market Overview
Home Prices in Cedar, IA
The median home value in Cedar, IA is $304,047 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.2% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cedar are priced26% below average. Cedar is part of the Oskaloosa, IA metro area.
Price History
Cedar Home Price Trend
2022
$239,379
$239K
—
2023
$245,648
$246K
+2.6%
2024
$272,002
$272K
+10.7%
2025
$276,019
$276K
+1.5%
2026
$304,047
$304K
+10.2%
City Comparison
Cedar vs. National Median
🏠 Cedar
$304,047
National Median
$410,000
At $304,047, homes in Cedar cost 26% below the national median of $410,000. This makes Cedar a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cedar?
20% Down Payment
$60,809
on $304,047
Monthly P&I
$1,586/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,014/mo
incl. taxes & insurance
Income Needed
$80,560
gross annual (30% rule)
10% Down Option
$30,405
+ PMI applies
Loan Amount (20% dn)
$243,238
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, IA?
The median home value in Cedar is $304,047 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.2% year-over-year.
How much have home prices changed in Cedar?
Over the past year, home values in Cedar have increased by 10.2%.
How much do I need to earn to buy a home in Cedar?
To comfortably afford the median home price of $304,047 with a 20% down payment ($60,809) at today's rates (6.8%), you'd need a gross annual income of approximately $80,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Cedar compare to the national average home price?
The national median home value is approximately $410,000. At $304,047, homes in Cedar are 26% below the national average.
What metro area is Cedar part of?
Cedar is part of the Oskaloosa, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.