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Hawkeye Reporter

Wednesday, November 6, 2024

Ely home prices rise in November 2019

Realestate4

The median sale price of a home sold in November 2019 in Ely rose by $8,500 while total sales decreased by 70%, according to BlockShopper.com.

In November 2019, there were three homes sold, with a median sale price of $255,000 - a 3.4% increase over the $246,500 median sale price for the same period of the previous year. There were 10 homes sold in Ely in November 2018.

The median sales tax in Ely for the most recent year with available data, 2017, was $3,269, approximately 1.3% of the median home sale price for November 2019.

The following table compares Ely 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)
Robins26-66.7%$336,500$264,75027.1%
Fairfax6520%$282,450$265,0006.6%
Palo36-50%$260,000$136,25090.8%
Ely310-70%$255,000$246,5003.4%
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%

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