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Hawkeye Reporter

Saturday, November 23, 2024

Hiawatha home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Hiawatha fell by $1,500 while total sales increased by 17.2%, according to BlockShopper.com.

From July through September of 2019, there were 34 homes sold, with a median sale price of $165,500 - a 0.9% decrease over the $167,000 median sale price for the same period of the previous year. There were 29 homes sold in Hiawatha in the third quarter of 2018.

The median sales tax in Hiawatha for the most recent year with available data, 2017, was $2,889, approximately 1.7% of the median home sale price for the third quarter of 2019.

The following table compares Hiawatha 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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