From January through March of 2020, there were 150 homes sold, with a median sale price of $168,000. There were 163 homes sold in Marion in the first quarter of 2019, and the median sales price for the period was also $168,000.
The median sales tax in Marion for the most recent year with available data, 2017, was $3,258, approximately 1.9% of the median home sale price for the first quarter of 2020.
The following table compares Marion to other Linn County cities with similar median sales prices in the first quarter of 2020:
City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bertram | 1 | 0 | - | $242,000 | $0 | - |
Ely | 9 | 9 | 0% | $198,000 | $285,000 | -30.5% |
Palo | 13 | 7 | 85.7% | $189,000 | $135,500 | 39.5% |
Springville | 9 | 4 | 125% | $181,000 | $218,000 | -17% |
Mount Vernon | 10 | 8 | 25% | $177,500 | $207,350 | -14.4% |
Marion | 150 | 163 | -8% | $168,000 | $168,000 | 0% |
Central City | 6 | 2 | 200% | $144,750 | $62,850 | 130.3% |
Cedar Rapids | 512 | 496 | 3.2% | $136,750 | $131,000 | 4.4% |
Center Point | 8 | 13 | -38.5% | $128,500 | $130,000 | -1.2% |
Coggon | 1 | 3 | -66.7% | $120,000 | $118,500 | 1.3% |
Hiawatha | 21 | 17 | 23.5% | $112,500 | $129,827 | -13.3% |