SIALIMStatistical Intelligence for America's Local Investment Markets

52403Cedar Rapids, IA Home Values

Typical home value $211,877 as of June 2026 · 40th of 48 in Cedar Rapids, IA

Typical value — June 2026
$211,877
observed, not a forecast
Past 12 months
+1.7%
trailing year-over-year change
Past 5 years
+21.2%
June 2021 to June 2026
Rank in metro
40th
of 48 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 52403, June 2021 to June 2026. This page shows observed data only; no forecast.

How 52403 compares in the Cedar Rapids, IA area

ZIP code 52403 (Cedar Rapids, IA) has a typical home value of $211,877 as of June 2026, ranking 40th of 48 ZIP codes tracked in the Cedar Rapids, IA area, more expensive than about 19% of ZIP codes in the metro. Prices here have moved +1.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.2%, from $174,880 in June 2021 to $211,877 in June 2026. Against observed rent, the typical home here sells for 14.5× the annual rent ($1,215/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Cedar Rapids, IA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Cedar Rapids.

Population and demographics

ZIP code 52403 has a population of 23,023, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 83.1% White, 8.7% Black or African American, 3.8% Hispanic or Latino, 3.2% two or more races, 0.4% another race, 0.3% American Indian or Alaska Native, 0.3% Asian, and 0.1% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
Erskine Elementary School600 36th ST SE, Cedar Rapids, IA2.7 mi
Grant Wood Elementary School645 26th ST SE, Cedar Rapids, IA3.5 mi
George Washington High School2205 Forest DR SE, Cedar Rapids, IA4 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 52403?

$211,877 as of June 2026, the latest month Zillow has published observed data for.

Is 52403 an expensive ZIP code in the Cedar Rapids, IA area?

52403 ranks 40th of 48 ZIP codes in the Cedar Rapids, IA area by typical home value, more expensive than about 19% of ZIP codes in the metro.

How much have home values in 52403 changed over the past year?

+1.7% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 52403?

The typical home price is 14.5× the observed annual rent in this ZIP code ($1,215/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 52403?

23,023, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 52403?

Erskine Elementary School (2.7 mi), Grant Wood Elementary School (3.5 mi), George Washington High School (4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 52403?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Cedar Rapids, IA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.