52543, Cedar, IA

Cedar, IA is located in the northwest corner of Iowa and has a population of just over 2,000. The 52543 zip code covers just over 1 square mile and has a median home value of $135,000. Home values have increased by an average of 8.5% annually since 2007, outpacing the statewide increase of 5.8%.

The majority of Cedar residents are homeowners with an average equity level of $106,000. This is significantly higher than the state average equity level of $68,000 and indicates that Cedar residents are generally well-positioned for future growth opportunities. In addition, Cedar's low unemployment rate (3%) and high levels of education (79% have at least a bachelor's degree) indicate that there is strong demand for housing in this area.

While home prices in Cedar are relatively high compared to other areas in Iowa, they are still affordable relative to other parts of the country. For example, the median home value in San Francisco is over four times greater than the median home value in Cedar!