The housing market in 52405 Cedar Rapids, IA is slightly below the US house median value of $338,100 at a median value of $181,200. The US one year house appreciation rate is 8.27%, while the one year appreciation rate in 52405 Cedar Rapids, IA is 6.57%. This suggests that the housing market in this region has a lower level of appreciation than the national average. Nevertheless, homes in this area are still relatively affordable and offer good value for money.
The median home cost in Cedar Rapids (zip 52405) is $181,200. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Cedar Rapids (zip 52405) is up 10.5%.
Average Age of Homes
- The median age of Cedar Rapids (zip 52405) real estate is 47 years old
The Rental Market in Cedar Rapids (zip 52405)
- Renters make up 25.9% of the Cedar Rapids (zip 52405) population
- 2.6% of houses and apartments in Cedar Rapids (zip 52405), 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.