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Hawkeye Reporter

Tuesday, November 26, 2024

Pricing for the median home in Lisbon increased during the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Lisbon rose by $28,000 while total sales decreased by 19.4%, according to BlockShopper.com.

From July through December of 2020, there were 25 homes sold, with a median sale price of $195,000 - a 16.8% increase over the $167,000 median sale price for the same period of the previous year. There were 31 homes sold in Lisbon in the second half of 2019.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.5% of the median home sale price for the second half of 2020.

The following table compares Lisbon to other Linn County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Palo1618-11.1%$232,500$245,250-5.2%
Fairfax3740-7.5%$227,500$247,500-8.1%
Mount Vernon392744.4%$200,000$193,5003.4%
Center Point3348-31.3%$199,950$183,5009%
Marion431472-8.7%$197,500$172,70014.4%
Lisbon2531-19.4%$195,000$167,00016.8%
Hiawatha5169-26.1%$181,000$167,9007.8%
Alburnett9650%$180,000$145,00024.1%
Walker79-22.2%$169,900$150,00013.3%
Cedar Rapids1,1841,363-13.1%$149,900$145,0003.4%
Central City1823-21.7%$142,500$148,890-4.3%

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