In July 2019, there were five homes sold, with a median sale price of $120,000 - a 39.2% decrease over the $197,450 median sale price for the same period of the previous year. There were two homes sold in Central City in July 2018.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 1.8% of the median home sale price for July 2019.
The following table compares Central City to other Linn County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Alburnett | 1 | 1 | 0% | $269,900 | $155,000 | 74.1% |
| Walford | 1 | 0 | - | $245,000 | $0 | - |
| Palo | 6 | 3 | 100% | $233,750 | $240,000 | -2.6% |
| Center Point | 9 | 6 | 50% | $221,000 | $162,000 | 36.4% |
| Springville | 2 | 2 | 0% | $213,500 | $224,950 | -5.1% |
| Ely | 5 | 4 | 25% | $177,000 | $287,000 | -38.3% |
| Mount Vernon | 4 | 10 | -60% | $175,750 | $165,000 | 6.5% |
| Marion | 103 | 99 | 4% | $165,000 | $175,000 | -5.7% |
| Cedar Rapids | 270 | 261 | 3.4% | $145,000 | $147,000 | -1.4% |
| Coggon | 2 | 3 | -33.3% | $132,495 | $135,000 | -1.9% |
| Central City | 5 | 2 | 150% | $120,000 | $197,450 | -39.2% |
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