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

CEDAR RAPIDS, IA 52404

Real Estate Market Report
Buyer's Market
February 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 February 2026. Source: Realtor.com.

The CEDAR RAPIDS, IA real estate market (52404) currently shows 183 active listings, with 84 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 100 days on market compared to 62 days last year.

The median listing price has fallen 8% year-over-year, from $271,490 to $249,900.

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
183
⇧ 7% vs 171 last year
Pending
84
46% pending ratio
Median Price
$249,900
⇩ 8% vs $271,490 last year
Average Price
$272,555
⇩ 5.9% vs $289,673 last year
Days on Market
100
⇧ 61.3% vs 62 days last year

Price Per Square Foot

Median $/sqft
$173
⇧ 10.9% vs $156/sqft last year
Median Home Size
1,487 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 183 this year vs 171 last year
  • Days on market: 100 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $249,900 (-8% YoY)
  • Average: $272,555 (-5.9% 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 15.9 miles — 678 listings ($270,790,320 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52404Cedar Rapids, IA 524040.0 mi166$44,123,962$239,990$265,807
52228Fairfax, IA 522285.3 mi13$5,502,510$427,500$423,270
52338Swisher, IA 523386.5 mi12$8,479,668$707,450$706,639
52227Ely, IA 522276.8 mi15$8,164,935$328,000$544,329
52351Walford, IA 523518.1 mi1$575,000$575,000$575,000
52411Cedar Rapids, IA 524119.1 mi33$19,200,225$579,700$581,825
52318Norway, IA 5231810.8 mi7$1,460,620$235,000$208,660
52317North Liberty, IA 5231711.4 mi167$71,262,240$399,900$426,720
52302Marion, IA 5230211.7 mi187$71,653,538$330,000$383,174
52203Amana, IA 5220312.8 mi4$1,902,000$575,000$475,500
52333Solon, IA 5233313.3 mi63$35,450,982$529,400$562,714
52354Watkins, IA 5235415.3 mi1$135,000$135,000$135,000
52332Shellsburg, IA 5233215.9 mi9$2,879,640$254,000$319,960

Frequently Asked Questions

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

As of February 2026, there are 183 active listings in CEDAR RAPIDS, IA (zip code 52404), compared to 171 the prior year.

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

The median listing price in CEDAR RAPIDS, IA 52404 is $249,900 as of February 2026, a 8% decrease from $271,490 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 100 days on the market before going under contract, compared to 62 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 February 2026, CEDAR RAPIDS, IA 52404 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 62 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 $4,998 compared to a typical 5% commission on the median listing price of $249,900. 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.