The story of this market
The typical home in ZIP 52404 sells for about $235,000, or $148 per square foot.
Prices are up +11.9% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $916 a month.
ZIP 52404 — Cedar Rapids
The 52404 housing market remains competitive with steady price appreciation and moderate inventory levels. Demand is supported by the local employment base, though rising interest rates have tempered the rapid growth seen in previous years. Note: Some specific metrics like exact months of supply and precise price-cut percentages are estimated based on regional trends as ZIP-specific data is not fully published.
This ZIP is well-suited for families and first-time homebuyers looking for affordable housing options within the Cedar Rapids metropolitan area.
Median prices moved up 11.9% year over year.
Homes spend a median of 28 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 12.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52404, Linn County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the Cedar Rapids area are generally consistent with regional mid-sized Midwestern cities, with localized variations in property crime rates.
Schools serving the 52404 area are primarily part of the Cedar Rapids Community School District, which provides a range of public educational options.
The area is subject to standard Midwestern weather risks, including potential for severe thunderstorms and occasional flooding near local waterways.
Economic momentum is driven by the diverse Cedar Rapids industrial base, including manufacturing, food processing, and insurance sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Residents typically have a straightforward commute to downtown Cedar Rapids via major arterial roads and highway corridors.
The area features several local parks and green spaces, with proximity to the Cedar River trail systems and various community shopping centers.
The rental market shows steady demand with a mix of single-family and multi-family units, though specific vacancy rates for this ZIP are not currently published.
The economy is anchored by major employers in the Cedar Rapids area, including Rockwell Collins, Aegon, and various food processing facilities.
The area is served by a network of highways and local bus transit provided by Cedar Rapids Transit.
Ongoing residential development continues in the southwestern portions of the city, focusing on new single-family subdivisions.
Parcels are subject to standard municipal and county tax levies, with no major special utility districts reported.
Property insurance premiums are influenced by regional weather patterns and standard risk assessments for the Midwest.
Data retrieved from census.gov ZCTA profiles.
- Bloomsbury Farm4.610.5 mi
- The Fun Station Cedar Rapids4.53.1 mi
- AirFX Trampoline Park4.68.4 mi
- Spare Time Cedar Rapids4.17.6 mi
- The Iowa Children's Museum4.817.1 mi
- Kinnick Stadium4.820 mi
- Carver-Hawkeye Arena4.719.6 mi
- Bloomsbury Farm4.610.5 mi
- Xtream Arena4.318.3 mi
- Cedar Ridge Distillery4.76.7 mi
- Amana Colonies Visitors Center4.612.5 mi
- Palisades-Kepler State Park4.710 mi
- Bloomsbury Farm4.610.5 mi
- Cedar Ridge Distillery4.76.7 mi
- Marcus Cedar Rapids Cinema4.47.5 mi
- The Iowa Children's Museum4.817.1 mi
- National Czech & Slovak Museum & Library4.83.2 mi
- Cedar Rapids Museum of Art4.63.9 mi
- Brucemore4.75.4 mi
- Ushers Ferry Historic Village4.45.7 mi
- Palisades-Kepler State Park4.710 mi
- Bloomsbury Farm4.610.5 mi
- Morgan Creek Park4.75.1 mi
- Lake Macbride State Park4.611.4 mi
- Indian Creek Nature Center4.86.1 mi
- Cedar Rapids Country Club4.86.3 mi
- Airport National Golf Course4.54.5 mi
- Ellis Park4.54.9 mi
- Hunters Ridge Golf Course4.211.8 mi
- Twin Pines Golf Course4.36.7 mi
- Lindale Mall3.97.7 mi
- Hy-Vee Grocery Store4.46.1 mi
- NewBo City Market4.53.6 mi
- Fleet Farm4.27.2 mi
- Hy-Vee Grocery Store4.32.8 mi
- Eastern Iowa Airport4.22.9 mi
- Eastern Iowa Airport4.62.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system for walking and cycling.
Commercial district with various retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.