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Hawkeye Reporter

Wednesday, November 6, 2024

Central City home prices rise in November 2020

Re 9

The median sale price of a home sold in November 2020 in Central City rose by $59,500 while total sales increased by 50%, according to BlockShopper.com.

In November 2020, there were three homes sold, with a median sale price of $150,000 - a 65.7% increase over the $90,500 median sale price for the same period of the previous year. There were two homes sold in Central City in November 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 November 2020.

The following table compares Central City to other Linn County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Marion5776-25%$228,000$174,50030.7%
Mount Vernon52150%$225,000$192,50016.9%
Lisbon38-62.5%$220,000$158,50038.8%
Ely23-33.3%$217,450$255,000-14.7%
Center Point770%$192,400$229,000-16%
Hiawatha1012-16.7%$156,500$208,861.50-25.1%
Central City3250%$150,000$90,50065.7%
Cedar Rapids180194-7.2%$144,250$145,500-0.9%
Fairfax7616.7%$132,000$282,450-53.3%
Springville41300%$97,000$168,500-42.4%
Coggon220%$83,750$83,950-0.2%

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