The housing market in 52403 Cedar Rapids, IA is doing well compared to the US House Median Value of $338,100. The Housing Median Value for this area is $176,300 and the 1 year House Appreciation rate is 6.57%, which is slightly lower than the US average of 8.27%. This shows that housing in this area has been increasing in value over the past year, making it a desirable location for those looking to purchase or rent property.
The median home cost in Cedar Rapids (zip 52403) is $176,300. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Cedar Rapids (zip 52403) is up 10.5%.
Average Age of Homes
- The median age of Cedar Rapids (zip 52403) real estate is 60 years old
The Rental Market in Cedar Rapids (zip 52403)
- Renters make up 22.0% of the Cedar Rapids (zip 52403) population
- 1.8% of houses and apartments in Cedar Rapids (zip 52403), 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.