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Czech Village Downtown May's Island Historic District Taylor Young's Hill

CEDAR RAPIDS, IA 52404

Real Estate Market Report  ·  Linn County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 52404

Czech Village · Downtown · May's Island Historic District · Taylor · Young's Hill

Market Analysis

Data as of June 2026. Source: Realtor.com.

The CEDAR RAPIDS, IA real estate market (52404) currently shows 180 active listings, with 114 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 53 days on market compared to 52 days last year.

The median listing price has risen 7.4% year-over-year, from $259,990 to $279,113.

Whether you are buying or selling in CEDAR RAPIDS, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 41,433  ·  Density: 282.4/mi²  ·  Median household income: $61,783

Typical home value: $155,190  ·  Homeownership: 67.6%

Market Overview

Active Listings
180
⇩ 7.2% vs 194 last year
Pending
114
63% pending ratio
Median Price
$279,113
⇧ 7.4% vs $259,990 last year
Average Price
$338,515
⇧ 23.8% vs $273,391 last year
Days on Market
53
⇧ 1.9% vs 52 days last year

Price Per Square Foot

Median $/sqft
$169
⇧ 5% vs $161/sqft last year
Median Home Size
1,547 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 180 this year vs 194 last year
  • Days on market: 53 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $279,113 (+7.4% YoY)
  • Average: $338,515 (+23.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.2 miles — 949 listings ($389,348,374 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52404Cedar Rapids, IA 524040.0 mi183$49,877,565$249,900$272,555
52228Fairfax, IA 522285.3 mi15$6,648,300$466,225$443,220
52338Swisher, IA 523386.5 mi16$10,883,664$649,400$680,229
52227Ely, IA 522276.8 mi18$9,565,200$343,950$531,400
52351Walford, IA 523518.1 mi2$1,144,500$572,250$572,250
52411Cedar Rapids, IA 524119.1 mi37$22,906,700$614,963$619,100
52318Norway, IA 5231810.8 mi8$1,609,832$187,500$201,229
52317North Liberty, IA 5231711.4 mi220$88,317,240$322,400$401,442
52302Marion, IA 5230211.7 mi187$74,808,415$348,073$400,045
52203Amana, IA 5220312.8 mi3$1,423,332$575,000$474,444
52333Solon, IA 5233313.3 mi69$40,035,456$528,925$580,224
52354Watkins, IA 5235415.3 mi1$135,000$135,000$135,000
52241Coralville, IA 5224116.2 mi190$81,993,170$328,675$431,543

Frequently Asked Questions

How many homes are for sale in CEDAR RAPIDS, IA 52404?

As of June 2026, there are 180 active listings in CEDAR RAPIDS, IA (zip code 52404), compared to 194 the prior year.

What is the median home price in CEDAR RAPIDS, IA 52404?

The median listing price in CEDAR RAPIDS, IA 52404 is $279,113 as of June 2026, a 7.4% increase from $259,990 the prior year.

How long do homes stay on the market in CEDAR RAPIDS, IA?

Homes in CEDAR RAPIDS, IA 52404 spend an average of 53 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in CEDAR RAPIDS, IA 52404?

Based on current inventory and days-on-market data as of June 2026, CEDAR RAPIDS, IA 52404 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 53 days on market compared to 52 days last year.

How much can I save on real estate commission in CEDAR RAPIDS, IA?

With SELL123.com's maximum 3% commission, sellers in CEDAR RAPIDS, IA 52404 save an estimated $5,582 compared to a typical 5% commission on the median listing price of $279,113. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.