From October through December of 2020, there were eight homes sold, with a median sale price of $140,000. There were nine homes sold in Central City in the fourth quarter of 2019, and the median sales price for the period was also $140,000.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 1.6% of the median home sale price for the fourth quarter of 2020.
The following table compares Central City to other Linn County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fairfax | 15 | 22 | -31.8% | $232,000 | $247,500 | -6.3% |
| Walker | 4 | 7 | -42.9% | $228,250 | $150,000 | 52.2% |
| Center Point | 20 | 24 | -16.7% | $206,500 | $210,000 | -1.7% |
| Ely | 11 | 15 | -26.7% | $200,000 | $233,000 | -14.2% |
| Marion | 204 | 214 | -4.7% | $199,250 | $174,000 | 14.5% |
| Lisbon | 13 | 17 | -23.5% | $181,000 | $159,000 | 13.8% |
| Hiawatha | 24 | 33 | -27.3% | $167,500 | $178,723 | -6.3% |
| Cedar Rapids | 577 | 587 | -1.7% | $145,000 | $146,000 | -0.7% |
| Central City | 8 | 9 | -11.1% | $140,000 | $140,000 | 0% |
| Springville | 10 | 5 | 100% | $127,500 | $124,950 | 2% |
| Coggon | 6 | 7 | -14.3% | $100,000 | $135,000 | -25.9% |
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