In September 2020, there were four homes sold, with a median sale price of $120,000 - a 24.8% decrease over the $159,550 median sale price for the same period of the previous year. There were six homes sold in Central City in September 2019.
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 September 2020.
The following table compares Central City to other Linn County cities with similar median sales prices in September 2020:
City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Robins | 5 | 7 | -28.6% | $260,000 | $345,000 | -24.6% |
Mount Vernon | 8 | 3 | 166.7% | $231,250 | $145,000 | 59.5% |
Palo | 3 | 2 | 50% | $215,000 | $32,450 | 562.6% |
Marion | 80 | 67 | 19.4% | $203,000 | $193,000 | 5.2% |
Lisbon | 5 | 5 | 0% | $200,000 | $199,000 | 0.5% |
Center Point | 6 | 5 | 20% | $188,975 | $116,000 | 62.9% |
Alburnett | 4 | 0 | - | $176,500 | $0 | - |
Cedar Rapids | 105 | 244 | -57% | $152,000 | $136,250 | 11.6% |
Springville | 1 | 7 | -85.7% | $147,000 | $101,500 | 44.8% |
Central City | 4 | 6 | -33.3% | $120,000 | $159,550 | -24.8% |
Coggon | 3 | 3 | 0% | $117,500 | $139,000 | -15.5% |