From July through September of 2020, there were 10 homes sold, with a median sale price of $142,500 - a 7.4% decrease over the $153,945 median sale price for the same period of the previous year. There were 14 homes sold in Central City in the third quarter of 2019.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 1.5% of the median home sale price for the third quarter of 2020.
The following table compares Central City to other Linn County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palo | 10 | 14 | -28.6% | $205,500 | $233,500 | -12% |
| Lisbon | 12 | 14 | -14.3% | $197,500 | $206,490 | -4.4% |
| Marion | 227 | 258 | -12% | $191,000 | $170,000 | 12.4% |
| Center Point | 13 | 24 | -45.8% | $190,000 | $130,500 | 45.6% |
| Mount Vernon | 20 | 13 | 53.8% | $182,750 | $188,000 | -2.8% |
| Alburnett | 8 | 2 | 300% | $176,500 | $229,950 | -23.2% |
| Cedar Rapids | 532 | 776 | -31.4% | $150,000 | $144,000 | 4.2% |
| Central City | 10 | 14 | -28.6% | $142,500 | $153,945 | -7.4% |
| Springville | 3 | 13 | -76.9% | $139,000 | $137,000 | 1.5% |
| Walker | 3 | 2 | 50% | $123,500 | $174,500 | -29.2% |
| Coggon | 5 | 8 | -37.5% | $123,000 | $99,000 | 24.2% |
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