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Hawkeye Reporter

Monday, November 25, 2024

Lisbon home prices fall in August 2020

Re 11

The median sale price of a home sold in August 2020 in Lisbon fell by $67,480 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In August 2020, there were three homes sold, with a median sale price of $135,500 - a 33.2% decrease over the $202,980 median sale price for the same period of the previous year. There were three homes sold in Lisbon in August 2019, as well.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 2.2% of the median home sale price for August 2020.

The following table compares Lisbon to other Linn County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Center Point510-50%$214,000$128,95066%
Palo36-50%$196,000$245,000-20%
Marion7688-13.6%$195,300$164,75018.5%
Mount Vernon7616.7%$178,000$190,250-6.4%
Hiawatha911-18.2%$154,500$162,000-4.6%
Cedar Rapids182261-30.3%$146,551$151,000-2.9%
Central City4333.3%$138,500$160,000-13.4%
Lisbon330%$135,500$202,980-33.2%
Springville14-75%$107,509$211,000-49%
Walker21100%$102,750$279,000-63.2%
Alburnett21100%$44,400$190,000-76.6%

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