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Hawkeye Reporter

Friday, December 27, 2024

Cedar Rapids home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Cedar Rapids rose by $16,100 while total sales decreased by 15%, according to BlockShopper.com.

In November 2019, there were 193 homes sold, with a median sale price of $146,000 - a 12.4% increase over the $129,900 median sale price for the same period of the previous year. There were 227 homes sold in Cedar Rapids in November 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 November 2019.

The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Center Point770%$229,000$200,00014.5%
Hiawatha125140%$208,861.50$100,000108.9%
Mount Vernon25-60%$192,500$243,000-20.8%
Marion7681-6.2%$174,500$169,9002.7%
Walford10-$172,700$0-
Springville15-80%$168,500$145,00016.2%
Lisbon82300%$158,500$100,00058.5%
Cedar Rapids193227-15%$146,000$129,90012.4%
Walker110%$93,000$20,000365%
Central City24-50%$90,500$139,000-34.9%
Coggon220%$83,950$69,50020.8%

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