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Hawkeye Reporter

Wednesday, November 6, 2024

Median home prices in Springville rose to $198,000 in February 2021

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The median sale price of a home sold in February 2021 in Springville rose by $34,000 while total sales decreased by 40%, according to BlockShopper.com.

In February 2021, there were three homes sold, with a median sale price of $198,000 - a 20.7% increase over the $164,000 median sale price for the same period of the previous year. There were five homes sold in Springville in February 2020.

The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 1.3% of the median home sale price for February 2021.

The following table compares Springville to other Linn County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Hiawatha24-50%$298,000$105,000183.8%
Coggon110%$290,000$120,000141.7%
Palo21100%$239,950$65,000269.2%
Marion4043-7%$231,250$155,00049.2%
Fairfax42100%$212,500$295,250-28%
Springville35-40%$198,000$164,00020.7%
Ely12-50%$185,000$247,450-25.2%
Mount Vernon30-$155,000$0-
Center Point12-50%$150,750$136,50010.4%
Cedar Rapids124160-22.5%$139,950$129,0008.5%
Robins13-66.7%$131,500$265,000-50.4%

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