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Hawkeye Reporter

Sunday, November 24, 2024

Center Point home prices fall in the third quarter of 2019

Realestate5

The median sale price of a home sold in the third quarter of 2019 in Center Point fell by $35,000 while total sales increased by 76.9%, according to BlockShopper.com.

From July through September of 2019, there were 23 homes sold, with a median sale price of $132,000 - a 21% decrease over the $167,000 median sale price for the same period of the previous year. There were 13 homes sold in Center Point in the third quarter of 2018.

The median sales tax in Center Point for the most recent year with available data, 2017, was $3,019, approximately 2.3% of the median home sale price for the third quarter of 2019.

The following table compares Center Point to other Linn County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Palo141216.7%$233,500$208,00012.3%
Alburnett21100%$229,950$155,00048.4%
Lisbon1419-26.3%$206,490$139,50048%
Mount Vernon1121-47.6%$188,000$184,0002.2%
Marion255312-18.3%$170,000$175,750-3.3%
Hiawatha342917.2%$165,500$167,000-0.9%
Central City141040%$153,945$125,00023.2%
Springville10911.1%$147,000$180,000-18.3%
Cedar Rapids747776-3.7%$144,500$143,4500.7%
Center Point231376.9%$132,000$167,000-21%
Coggon8633.3%$99,000$134,500-26.4%

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