The story of this market
The typical home in ZIP 50614 sells for about $314,900, or $185 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 50614 — Cedar Falls
The Cedar Falls housing market shows steady growth with moderate price appreciation and consistent demand. Low inventory levels continue to support pricing, though the market remains balanced for both buyers and sellers.
This ZIP is ideal for families, university-affiliated professionals, and those seeking a balance of suburban amenities and access to regional employment hubs.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 15.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 50614, Black Hawk County IA
Crime rates in Cedar Falls are generally lower than the national average, with the area maintaining a stable safety profile compared to regional peers.
The area is served by the Cedar Falls Community School District, which is highly regarded for its academic performance and student support services.
The region faces moderate risks from severe weather, including occasional flooding near the Cedar River and wind events, with standard insurance coverage typically available.
Economic momentum is driven by the University of Northern Iowa and a growing technology and manufacturing sector, supported by ongoing infrastructure investments.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Residents primarily commute via personal vehicle, with efficient access to the Waterloo-Cedar Falls metropolitan area via major highway corridors.
The area features extensive park systems, the Cedar Valley Nature Trail, and proximity to the Cedar River, offering diverse outdoor recreation and local shopping districts.
The rental market is influenced by the university student population, maintaining steady demand and moderate vacancy rates.
The economy is anchored by the University of Northern Iowa, healthcare systems, and a diverse manufacturing base in the Waterloo-Cedar Falls metro area.
The area is served by a network of state highways and local transit services, facilitating regional connectivity.
Ongoing development focuses on infill residential projects and commercial expansion near the university corridor.
The Black Hawk County Assessor manages property valuations, conducting periodic reassessments to align with market values.
Parcels are subject to school district levies and local municipal service districts.
Property insurance remains stable, though premiums reflect regional exposure to severe weather events.
Data sourced from US Census Bureau and World Population Review.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Lost Island Waterpark4.58.8 mi
- Lost Island Themepark4.59.3 mi
- Get Air Trampoline Park4.33.1 mi
- Palmer's Family Fun4.74.9 mi
- Chuck E. Cheese4.21.6 mi
- UNI-Dome4.50.4 mi
- Young Arena4.76 mi
- Starbeck's Smokehouse4.45.7 mi
- McLeod Center4.70.4 mi
- Waterloo Convention Center4.36.2 mi
- Marcus Crossroads Cinema4.47.9 mi
- George Wyth State Park4.62.9 mi
- Maple Lanes Bowling Center4.54.2 mi
- Cadillac XBC4.47.3 mi
- Chuck E. Cheese4.21.6 mi
- George Wyth State Park4.62.9 mi
- Hartman Reserve Nature Center4.82.4 mi
- Place to Play Park4.91.3 mi
- Pfeiffer Springs Park4.61.5 mi
- Cedar Valley Arboretum & Botanic Gardens4.79.1 mi
- Pheasant Ridge Golf Course4.31.8 mi
- Gates Park Golf Course4.46.9 mi
- South Hills Golf Course4.58.6 mi
- Irv Warren Memorial Golf Course4.45.3 mi
- Red Carpet Golf Course3.97.3 mi
- Blain's Farm & Fleet4.42 mi
- Hy-Vee Grocery Store4.41.2 mi
- Kohl's4.21.6 mi
- Fleet Farm4.43.3 mi
- Ross Dress for Less42.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution providing cultural and sports events.
Extensive trail system for cycling and walking.
Provides recreational boating and fishing opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.