In March 2020, there were 179 homes sold, with a median sale price of $146,500 - a 7.9% increase over the $135,750 median sale price for the same period of the previous year. There were 180 homes sold in Cedar Rapids in March 2019.
The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,561, approximately 1.7% of the median home sale price for March 2020.
The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bertram | 1 | 0 | - | $242,000 | $0 | - |
| Central City | 2 | 1 | 100% | $231,161.50 | $60,000 | 285.3% |
| Marion | 55 | 61 | -9.8% | $207,500 | $168,000 | 23.5% |
| Mount Vernon | 8 | 5 | 60% | $177,500 | $187,000 | -5.1% |
| Palo | 8 | 1 | 700% | $173,260.50 | $269,000 | -35.6% |
| Cedar Rapids | 179 | 180 | -0.6% | $146,500 | $135,750 | 7.9% |
| Ely | 6 | 4 | 50% | $131,500 | $296,500 | -55.6% |
| Hiawatha | 10 | 4 | 150% | $131,250 | $221,750 | -40.8% |
| Fairfax | 1 | 5 | -80% | $125,000 | $295,000 | -57.6% |
| Center Point | 5 | 3 | 66.7% | $112,000 | $169,000 | -33.7% |
| Walker | 1 | 2 | -50% | $85,500 | $71,750 | 19.2% |
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