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Hawkeye Reporter

Wednesday, November 27, 2024

Springville home prices fall in September 2019

Realestate2

The median sale price of a home sold in September 2019 in Springville fell by $50,000 while total sales increased by 25%, according to BlockShopper.com.

In September 2019, there were five homes sold, with a median sale price of $97,000 - a 34% decrease over the $147,000 median sale price for the same period of the previous year. There were four homes sold in Springville in September 2018.

The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 2.6% of the median home sale price for September 2019.

The following table compares Springville to other Linn County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Fairfax37-57.1%$259,000$180,00043.9%
Lisbon57-28.6%$199,000$159,90024.5%
Marion64103-37.9%$193,750$166,00016.7%
Hiawatha1011-9.1%$169,250$167,0001.3%
Central City63100%$159,550$135,00018.2%
Center Point42100%$156,500$133,55017.2%
Coggon3250%$139,000$182,250-23.7%
Cedar Rapids2182132.3%$137,000$140,000-2.1%
Springville5425%$97,000$147,000-34%
Mount Vernon18-87.5%$60,000$235,875-74.6%
Palo25-60%$32,450$211,000-84.6%

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