The story of this market
The typical home in ZIP 52315 sells for about $265,000, or $158 per square foot.
Prices are roughly flat from a year ago (+0.16%), a market in balance. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $642 a month.
ZIP 52315 — Newhall
The housing market in this ZIP code remains highly competitive, characterized by low inventory and rapid sales velocity. Affordability relative to national averages continues to drive demand, keeping prices stable despite broader economic fluctuations. Buyers should be prepared for a fast-paced environment with limited supply.
This area is well-suited for family buyers and first-time homeowners seeking affordability and a stable community environment. It also attracts commuters who work in the broader Cedar Rapids employment core and desire a suburban lifestyle.
Median prices moved up 0.2% year over year.
Homes spend a median of 44 days on market with 1.3 months of supply — a fast-moving market.
31% of listings have cut prices · homes sell at 98.78% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 9.6% — 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 5.4%/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
net influx — more people moved in than out
ZCTA 52315, 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 are generally consistent with regional averages for mid-sized Midwestern cities. Local law enforcement reports stable trends, with property crime remaining the primary focus of community safety efforts.
Schools serving the area are part of the Cedar Rapids Community School District, which provides a range of public education options. The district is characterized by a focus on foundational academic growth and diverse extracurricular programming.
The area faces moderate risks related to severe weather, including thunderstorms and occasional flooding near the Cedar River basin. Property insurance premiums are influenced by these regional climate factors and standard Midwestern hazard profiles.
The local economy is anchored by a mix of manufacturing, insurance, and healthcare sectors, with major employers including Collins Aerospace and Aegon/Transamerica. Infrastructure development remains focused on maintaining regional connectivity and supporting steady residential expansion.
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 enjoy a straightforward commute to downtown Cedar Rapids, with most trips taking under 20 minutes via local highway corridors. Public transit options are available but personal vehicle use remains the primary mode of transportation.
The area features access to local parks, walking trails, and community green spaces that support outdoor activity. Shopping and dining amenities are concentrated along major arterial roads within a short drive.
The rental market is characterized by steady demand and low vacancy rates, driven by the area's affordability and workforce stability. Short-term rental activity is present but remains a secondary component of the overall housing stock.
The economy is driven by a diverse industrial base including aerospace, food processing, and financial services. Major employers provide a stable foundation for the local housing market.
The area is served by a network of state highways and local roads that facilitate efficient travel throughout the Cedar Rapids metropolitan area. Public transit is managed by the city's transit authority.
Development is focused on infill projects and the expansion of residential subdivisions on the city's periphery. Zoning updates are periodically reviewed to accommodate growth.
The Linn County Assessor manages property valuations using a mass appraisal system based on market sales data. Assessments are updated regularly to reflect current market conditions.
Parcels are subject to school district levies and municipal taxes, with some areas potentially falling under specific utility or flood control district jurisdictions.
Property insurance markets are stable, though premiums are sensitive to regional weather patterns and the age of housing stock. Homeowners are encouraged to maintain adequate coverage for wind and water damage.
Data retrieved from data.census.gov using 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 Farm4.67.9 mi
- AirFX Trampoline Park4.616.3 mi
- The Fun Station Cedar Rapids4.519.4 mi
- Spare Time Cedar Rapids4.119.8 mi
- Trampoline Park4.118 mi
- Bloomsbury Farm4.67.9 mi
- NewBo City Market4.518.1 mi
- Alliant Energy Power House4.317.5 mi
- Pickle Palace4.417.3 mi
- AirFX Trampoline Park4.616.3 mi
- Bloomsbury Farm4.67.9 mi
- Palace Theatre4.811.5 mi
- Celebration Park4.711.7 mi
- National Czech & Slovak Museum & Library4.817.9 mi
- Cedar Rapids Museum of Art4.617.7 mi
- Brucemore4.718.9 mi
- Ushers Ferry Historic Village4.414.7 mi
- Veterans Memorial Building4.617.4 mi
- Bloomsbury Farm4.67.9 mi
- Morgan Creek Park4.712.6 mi
- Morgan Creek Arboretum4.812.4 mi
- Hannen Park4.310.7 mi
- Celebration Park4.711.7 mi
- Wildcat Golf Course4.49 mi
- Four Seasons Indoor Golf4.912.7 mi
- Theisen's Home Farm Auto of Vinton4.411 mi
- Dollar Fresh Market4.411.2 mi
- Eastern Iowa Airport4.217.3 mi
- Eastern Iowa Airport4.617.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive regional trail system for hiking and cycling.
Major retail hub serving the northern Cedar Rapids area.
Large municipal park featuring golf and river access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.