From July through September of 2019, there were 747 homes sold, with a median sale price of $144,500 - a 0.7% increase over the $143,450 median sale price for the same period of the previous year. There were 776 homes sold in Cedar Rapids in the third quarter of 2018.
The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,557, approximately 1.8% of the median home sale price for the third quarter of 2019.
The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palo | 14 | 12 | 16.7% | $233,500 | $208,000 | 12.3% |
| Alburnett | 2 | 1 | 100% | $229,950 | $155,000 | 48.4% |
| Lisbon | 14 | 19 | -26.3% | $206,490 | $139,500 | 48% |
| Mount Vernon | 11 | 21 | -47.6% | $188,000 | $184,000 | 2.2% |
| Marion | 255 | 312 | -18.3% | $170,000 | $175,750 | -3.3% |
| Hiawatha | 34 | 29 | 17.2% | $165,500 | $167,000 | -0.9% |
| Central City | 14 | 10 | 40% | $153,945 | $125,000 | 23.2% |
| Springville | 10 | 9 | 11.1% | $147,000 | $180,000 | -18.3% |
| Cedar Rapids | 747 | 776 | -3.7% | $144,500 | $143,450 | 0.7% |
| Center Point | 23 | 13 | 76.9% | $132,000 | $167,000 | -21% |
| Coggon | 8 | 6 | 33.3% | $99,000 | $134,500 | -26.4% |
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