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Hawkeye Reporter

Tuesday, November 5, 2024

Fairfax home prices rise in July 2019

Realestate1

The median sale price of a home sold in July 2019 in Fairfax rose by $159,750 while total sales decreased by 45.5%, according to BlockShopper.com.

In July 2019, there were six homes sold, with a median sale price of $341,250 - a 88% increase over the $181,500 median sale price for the same period of the previous year. There were 11 homes sold in Fairfax in July 2018.

The median sales tax in Fairfax for the most recent year with available data, 2017, was $3,172, approximately 0.9% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Robins440%$357,000$205,00074.1%
Fairfax611-45.5%$341,250$181,50088%
Hiawatha13862.5%$290,000$105,450175%
Lisbon6450%$281,950$75,500273.4%
Alburnett110%$269,900$155,00074.1%
Walford10-$245,000$0-
Palo63100%$233,750$240,000-2.6%
Center Point9650%$221,000$162,00036.4%
Springville220%$213,500$224,950-5.1%
Ely5425%$177,000$287,000-38.3%
Mount Vernon410-60%$175,750$165,0006.5%

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