Cedar Falls, IA—50613
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedar Falls, IA
As of Oct '25, the median home price in Cedar Falls, IA is $260,000, with a year-over-year change of 3.4%. This indicates that home prices in Cedar Falls, IA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 3.4% |
| Single Family | $279,000 | 3.7% |
| Condos | $170,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $180,000 | 5.3% |
3 Bed | $256,000 | 4.1% |
4 Bed | $325,000 | 2.8% |
| 5 Bed | $505,000 | 3.5% |
% of Housing Stock
Rental Trends — Cedar Falls, IA
As of July '25, Rentcast reports the average rent in Cedar Falls, IA is $1,360, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Cedar Falls, IA is studios: $848, 1-bedrooms: $1,000, 2-bedrooms: $1,420, 3-bedrooms: $1,370, 4-bedrooms: $1,750. The most common rental property sizes in Cedar Falls, IA are 2-bedroom and 4-bedroom, accounting for 43.4% and 18.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,360 |
| Studio Rent | $795 | $848 |
| 1 Bed Rent | $850 | $1,000 |
| 2 Bed Rent | $1,350 | $1,420 |
| 3 Bed Rent | $1,250 | $1,370 |
| 4 Bed Rent | $1,800 | $1,750 |
% of Rental Stock
Property Listings — Cedar Falls, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cedar Falls, IA is 47. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | 13.0% |
Listing Count | 181 | 4.0% |
| Listings as % of Homes | 0.5% | 4.0% |
Days on Market | 47 | -8.0% |
Demographics — Cedar Falls, IA
As of the latest ACS Survey released in 2023, Cedar Falls, IA has a population of 43,700, which has decreased by -1.1% over the past 5 years. Cedar Falls, IA is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 48.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,700 | -1.1% |
% Under 18 | 18.0% | -4.3% |
% Seniors | 17.1% | 21.3% |
% WFH | 11.0% | 144.4% |
% w/ College Degree | 48.3% | 8.1% |
As of the latest ACS Survey released in 2023, Cedar Falls, IA is a predominantly white area, with 90.3% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Cedar Falls, IA is asian, making up 3.3% of the population. Foreign-born residents account for 4.0% of the population in Cedar Falls, IA, and this percentage has decreased by 7.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | 0.0% |
% Black | 1.5% | -34.8% |
% Hispanic | 2.7% | 17.4% |
% Asian | 3.3% | 0.0% |
% Foreign Born | 4.0% | -7.0% |
Mortgage and Risk — Cedar Falls, IA
According to HUD data as of 2023, there were 903 mortgage originations in Cedar Falls, IA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Cedar Falls, IA. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 903 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Cedar Falls, IA
As of 2024, the percent of homes in Cedar Falls, IA under the Section 8 program is 8.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Cedar Falls, IA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 516 |
Total Units Section 8 | 516 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 62.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $850 | $850 |
| 2 Bedroom | -$230 | $1,350 | $1,120 |
| 3 Bedroom | $210 | $1,250 | $1,460 |
| 4 Bedroom | $80 | $1,800 | $1,880 |
Affordability — Cedar Falls, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $260,000 |
| Median Household Income | $75,600 |