Zip Code:

68627, Cedar Rapids, NE

68627 is a Nebraska Zip code within the city of Cedar Rapids and the county of Boone. Its population is roughly 675.

The Real Estate Market in the 68627 Zip Code of Cedar Rapids, NE.

Cedar Rapids, NE is located in the 68627 zip code. The median home value in this zip code is $137,500. The median home equity in this zip code is $87,000. This means that the majority of homes in this zip code have a lower than average home equity.

The reason for this may be due to the fact that Cedar Rapids, NE has a low population density and a high percentage of single family homes. Additionally, many people are still making payments on their mortgages or owe money on their home equity loans from when they first bought their homes.

This means that there are not as many people who can afford to buy or sell homes quickly or who are looking to take on more debt to do so. As a result, the demand for housing in Cedar Rapids, NE is lower than it would be if there were more people and more options for buying and selling homes.

This also affects the prices of homes in Cedar Rapids, NE because there are not as many people willing or able to pay high prices for houses in this area. In fact, according to Zillow’s recent report on state-by-state housing values, only two states (Hawaii and New Mexico) have lower median home values than Cedar Rapids does!

So while it may be tempting to think that all of the low home equity in Cedar Rapids means that there are no good deals available here – you would be wrong! There are actually some great deals available if you know where to look – just keep in mind that they may not be available right now because of how tight the market currently is.

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