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Hawkeye Reporter

Monday, November 25, 2024

What happened to the median home price in Coggon during December 2020?

Re 10

The median sale price of a home sold in December 2020 in Coggon fell by $2,000 while total sales increased by 50%, according to BlockShopper.com.

In December 2020, there were three homes sold, with a median sale price of $82,500 - a 2.4% decrease over the $84,500 median sale price for the same period of the previous year. There were two homes sold in Coggon in December 2019.

The median sales tax in Coggon for the most recent year with available data, 2017, was $1,750, approximately 2.1% of the median home sale price for December 2020.

The following table compares Coggon to other Linn County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Fairfax18-87.5%$232,000$226,7502.3%
Mount Vernon84100%$226,000$220,7502.4%
Lisbon5366.7%$225,000$139,50061.3%
Walker21100%$218,700$150,00045.8%
Center Point78-12.5%$203,000$222,500-8.8%
Marion6872-5.6%$191,000$163,25017%
Springville13-66.7%$168,000$40,000320%
Ely550%$165,000$210,000-21.4%
Central City34-25%$150,000$127,50017.6%
Cedar Rapids20218111.6%$147,750$149,000-0.8%
Coggon3250%$82,500$84,500-2.4%

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