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Hawkeye Reporter

Monday, November 25, 2024

Lisbon median home prices rose by 13.8% in the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Lisbon rose by $22,000 while total sales decreased by 23.5%, according to BlockShopper.com.

From October through December of 2020, there were 13 homes sold, with a median sale price of $181,000 - a 13.8% increase over the $159,000 median sale price for the same period of the previous year. There were 17 homes sold in Lisbon in the fourth quarter of 2019.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.7% of the median home sale price for the fourth quarter of 2020.

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

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Fairfax1522-31.8%$232,000$247,500-6.3%
Walker47-42.9%$228,250$150,00052.2%
Center Point2024-16.7%$206,500$210,000-1.7%
Ely1115-26.7%$200,000$233,000-14.2%
Marion204214-4.7%$199,250$174,00014.5%
Lisbon1317-23.5%$181,000$159,00013.8%
Hiawatha2433-27.3%$167,500$178,723-6.3%
Cedar Rapids577587-1.7%$145,000$146,000-0.7%
Central City89-11.1%$140,000$140,0000%
Springville105100%$127,500$124,9502%
Coggon67-14.3%$100,000$135,000-25.9%

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