Zip 52402 (Cedar Rapids, IA) Housing

Housing in 52402 Cedar Rapids, IA is quite affordable compared to the median value of US houses, which stands at $338,100. The median value of a house in 52402 Cedar Rapids is $188,400, approximately 44% less than the national average. Despite the lower median value in Cedar Rapids, housing does appreciate year over year; the appreciation rate for homes in Cedar Rapids during the last 12 months was 6.57%, which is slightly lower than the national average of 8.27%. The cost of living and housing affordability make 52402 Cedar Rapids an attractive option for potential home buyers on a budget.

The median home cost in Cedar Rapids (zip 52402) is $188,400. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Cedar Rapids (zip 52402) is up 10.5%.

Average Age of Homes

- The median age of Cedar Rapids (zip 52402) real estate is 45 years old

The Rental Market in Cedar Rapids (zip 52402)

- Renters make up 27.4% of the Cedar Rapids (zip 52402) population
- 2.2% of houses and apartments in Cedar Rapids (zip 52402), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cedar Rapids, Iowa	United States
	19,430.0	139,647,020.0
	50	42
	$188,400	$338,100
	10.5%	16.6%
	35.2%	57.0%
	47.0%	101.1%
	$18.85	$10.98
	$2,973	$2,690
	63.2%	57.4%
	7.5%	11.2%
	29.2%	31.4%
Vacant Housing
	2.2%	1.9%
	0.9%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	1.5%	2.4%
	0.1%	2.8%
	3.3%	3.9%
	8.4%	4.5%
	29.3%	11.3%
	29.1%	13.0%
	20.0%	20.1%
	4.3%	13.6%
	1.0%	8.3%
	0.4%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	11.5%	13.6%
	10.4%	13.2%
	16.7%	14.8%
	11.5%	13.6%
	15.4%	10.0%
	5.1%	4.7%
	13.3%	12.2%

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