The story of this market
The typical home in ZIP 52257 sells for about $214,766, or $135 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,307 a month.
ZIP 52257 — Luzerne
The housing market in ZIP 52257 remains stable with moderate price appreciation and consistent demand. Low inventory levels continue to support home values, though buyers are increasingly sensitive to interest rate fluctuations. The market is characterized by steady activity and a balanced outlook for the coming quarter.
This area is well-suited for families and first-time homebuyers seeking affordability relative to larger metropolitan markets. It also attracts commuters who work in the Cedar Rapids employment core but prefer a suburban residential environment.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 3.4 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.7% · poverty 14.8% — 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 4.5%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 52257, Linn County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Cedar Rapids area remain generally consistent with regional averages for mid-sized Midwestern cities, with property crime being the primary concern. Local law enforcement reports stable trends, though specific neighborhood variations exist.
Schools serving this area are part of the Cedar Rapids Community School District, which maintains a standard curriculum and moderate performance ratings across state assessments.
The area is subject to seasonal severe weather, including thunderstorms and occasional flooding risks near the Cedar River basin. Property insurance premiums reflect these regional environmental exposures.
Economic momentum is driven by a diverse mix of manufacturing, insurance, and healthcare sectors in the greater Cedar Rapids metro. Infrastructure investment remains focused on flood mitigation and urban revitalization projects.
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 typically rely on personal vehicles for commuting, with most employment centers in downtown Cedar Rapids accessible within a 15-20 minute drive via local arterial roads.
The area features access to local community parks, walking trails, and proximity to the Cedar River for outdoor activities. Shopping and dining options are concentrated along major commercial corridors within a short drive.
The rental market shows moderate vacancy pressure with steady demand for single-family and multi-family units. Rent growth has tracked with regional inflation, and investor interest remains stable.
The economy is anchored by major employers in the insurance, food processing, and aerospace industries. The region benefits from a stable labor market and a low cost of doing business.
The area is served by a network of state highways and local roads, with limited public transit options primarily focused on the urban core. Commute times are generally short compared to national averages.
Development is focused on infill projects and the continued expansion of flood-resilient infrastructure. Zoning updates are encouraging mixed-use development in older commercial districts.
The Linn County Assessor manages property valuations, utilizing a biennial assessment cycle to reflect market changes.
Parcels are subject to school district levies, county taxes, and municipal service fees. Some areas may fall within specific flood control or utility districts.
Property insurance markets are stable, though premiums are influenced by regional exposure to severe weather events. Homeowners are encouraged to maintain adequate coverage for wind and water damage.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Bloomsbury Farm4.618.5 mi
- Bloomsbury Farm4.618.5 mi
- Lucky 6 Lanes4.811.7 mi
- High Amana General Store4.715.7 mi
- Hannen Park4.35.9 mi
- Eastern Iowa Airport4.225.2 mi
- Eastern Iowa Airport4.625.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system for walking and cycling.
Local hub for food vendors and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.