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2nd 3rd Avenue Historic District Grande Avenue (Redmond Park) Oak Hill Jackson Wellington Heights

CEDAR RAPIDS, IA 52403

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

Neighborhoods in ZIP 52403

2nd 3rd Avenue Historic District · Grande Avenue (Redmond Park) · Oak Hill Jackson · Wellington Heights

Market Analysis

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

The CEDAR RAPIDS, IA real estate market (52403) currently shows 102 active listings, with 46 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 52 days on market compared to 49 days last year.

The median listing price has fallen 8.9% year-over-year, from $192,000 to $175,000.

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: 24,191  ·  Density: 355.3/mi²  ·  Median household income: $75,791

Typical home value: $171,930  ·  Homeownership: 76.5%

Market Overview

Active Listings
102
⇩ 3.8% vs 106 last year
Pending
46
45% pending ratio
Median Price
$175,000
⇩ 8.9% vs $192,000 last year
Average Price
$280,499
⇩ 3.8% vs $291,503 last year
Days on Market
52
⇧ 6.1% vs 49 days last year

Price Per Square Foot

Median $/sqft
$137
⇧ 11.4% vs $123/sqft last year
Median Home Size
1,599 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 102 this year vs 106 last year
  • Days on market: 52 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $175,000 (-8.9% YoY)
  • Average: $280,499 (-3.8% 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 17.2 miles — 619 listings ($236,956,851 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52403Cedar Rapids, IA 524030.0 mi108$29,221,236$187,400$270,567
52227Ely, IA 522275.0 mi15$8,164,935$328,000$544,329
52404Cedar Rapids, IA 524046.6 mi166$44,123,962$239,990$265,807
52314Mount Vernon, IA 523147.1 mi30$12,685,290$420,000$422,843
52328Robins, IA 523288.4 mi5$2,568,490$514,945$513,698
52411Cedar Rapids, IA 524119.5 mi33$19,200,225$579,700$581,825
52338Swisher, IA 5233811.7 mi12$8,479,668$707,450$706,639
52333Solon, IA 5233312.3 mi63$35,450,982$529,400$562,714
52305Martelle, IA 5230512.7 mi3$1,230,000$410,000$410,000
52324Palo, IA 5232413.4 mi9$2,789,703$310,000$309,967
52317North Liberty, IA 5231714.4 mi167$71,262,240$399,900$426,720
52214Central City, IA 5221415.8 mi1$319,500$319,500$319,500
52318Norway, IA 5231817.2 mi7$1,460,620$235,000$208,660

Frequently Asked Questions

How many homes are for sale in CEDAR RAPIDS, IA 52403?

As of February 2026, there are 102 active listings in CEDAR RAPIDS, IA (zip code 52403), compared to 106 the prior year.

What is the median home price in CEDAR RAPIDS, IA 52403?

The median listing price in CEDAR RAPIDS, IA 52403 is $175,000 as of February 2026, a 8.9% decrease from $192,000 the prior year.

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

Homes in CEDAR RAPIDS, IA 52403 spend an average of 52 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in CEDAR RAPIDS, IA 52403?

Based on current inventory and days-on-market data as of February 2026, CEDAR RAPIDS, IA 52403 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 49 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 52403 save an estimated $3,500 compared to a typical 5% commission on the median listing price of $175,000. 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.