ZIP Code Market Report
52402 — Cedar Rapids, IA
Data through February 2026 · Updated monthly
Avg Home Value
$198,443
▲ 3.2% year-over-year
Month-over-Month
-0.4%
▼ 0.4%
Single Family
$207,985
Condo / Co-op
$145,514
The average home value in the 52402 ZIP code (Cedar Rapids, Iowa) is $198,443 as of February 2026. Home prices are rising, up 3.2% compared to last year.
A 3-bedroom home in 52402 is valued at $201,907. 1-bedroom units start around $77,835. Single-family homes average $207,985, while condos average $145,514.
The market in 52402 has a $156,602 spread between bottom-tier homes at $136,978 and top-tier homes at $293,580. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 52402 ZIP code will increase 0.4% over the next 12 months, bringing the projected average to approximately $199,237. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Jones County market area in Iowa. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Jones County report.
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Market Snapshot
52402 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $200,165 | $199,336 | $198,443 | ▼ 0.9% |
| Single Family Value | $206,804 | $207,362 | $207,985 | ▲ 0.6% |
Home Values
52402 Home Value Trend
Historical home values for ZIP code 52402. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 52402
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $77,835 |
| 2 Bedrooms | $144,345 |
| 3 Bedrooms | $201,907 |
| 4 Bedrooms | $286,147 |
Property Types
Home Values by Property Type in 52402
How different property types compare in this ZIP code.
All Homes
$198,443
Single Family
$207,985
Condo / Co-op
$145,514
Bottom Tier
$136,978
Top Tier
$293,580
Forecast
12-Month Home Value Forecast for 52402
Zillow projects home values in 52402 will increase 0.4% over the next year, reaching approximately $199,237.
Current Value
$198,443
Projected Change
+0.4%
▲ 0.4%
Projected Value
$199,237
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 52402 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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