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CEDAR RAPIDS, IA 52402

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 52402

Grant Wood · Mound View

Market Analysis

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

The CEDAR RAPIDS, IA real estate market (52402) currently shows 134 active listings, with 74 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 54 days on market compared to 44 days last year.

The median listing price has risen 7.9% year-over-year, from $185,250 to $199,875.

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: 42,648  ·  Density: 1,203.1/mi²  ·  Median household income: $71,048

Typical home value: $175,357  ·  Homeownership: 67.1%

Market Overview

Active Listings
134
⇩ 8.8% vs 147 last year
Pending
74
55% pending ratio
Median Price
$199,875
⇧ 7.9% vs $185,250 last year
Average Price
$246,109
⇧ 4% vs $236,717 last year
Days on Market
54
⇧ 22.7% vs 44 days last year

Price Per Square Foot

Median $/sqft
$128
⇩ 2.3% vs $131/sqft last year
Median Home Size
1,526 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 134 this year vs 147 last year
  • Days on market: 54 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $199,875 (+7.9% YoY)
  • Average: $246,109 (+4% 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 16.3 miles — 446 listings ($158,789,787 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52402Cedar Rapids, IA 524020.0 mi136$33,589,144$199,000$246,979
52401Cedar Rapids, IA 524013.3 mi6$883,698$129,950$147,283
52411Cedar Rapids, IA 524114.0 mi33$19,200,225$579,700$581,825
52302Marion, IA 523025.4 mi187$71,653,538$330,000$383,174
52341Toddville, IA 523416.9 mi2$1,198,950$599,475$599,475
52324Palo, IA 523248.0 mi9$2,789,703$310,000$309,967
52227Ely, IA 5222710.1 mi15$8,164,935$328,000$544,329
52336Springville, IA 5233611.7 mi6$1,809,600$278,750$301,600
52314Mount Vernon, IA 5231412.4 mi30$12,685,290$420,000$422,843
52213Center Point, IA 5221313.5 mi11$3,549,084$259,000$322,644
52351Walford, IA 5235113.6 mi1$575,000$575,000$575,000
52318Norway, IA 5231815.2 mi7$1,460,620$235,000$208,660
52305Martelle, IA 5230516.3 mi3$1,230,000$410,000$410,000

Frequently Asked Questions

How many homes are for sale in CEDAR RAPIDS, IA 52402?

As of February 2026, there are 134 active listings in CEDAR RAPIDS, IA (zip code 52402), compared to 147 the prior year.

What is the median home price in CEDAR RAPIDS, IA 52402?

The median listing price in CEDAR RAPIDS, IA 52402 is $199,875 as of February 2026, a 7.9% increase from $185,250 the prior year.

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

Homes in CEDAR RAPIDS, IA 52402 spend an average of 54 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in CEDAR RAPIDS, IA 52402?

Based on current inventory and days-on-market data as of February 2026, CEDAR RAPIDS, IA 52402 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 54 days on market compared to 44 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 52402 save an estimated $3,998 compared to a typical 5% commission on the median listing price of $199,875. 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.