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Hawkeye Reporter

Wednesday, November 6, 2024

How did home prices perform in Marion during February 2021?

Realestate1

The median sale price of a home sold in February 2021 in Marion rose by $76,250 while total sales decreased by 7%, according to BlockShopper.com.

In February 2021, there were 40 homes sold, with a median sale price of $231,250 - a 49.2% increase over the $155,000 median sale price for the same period of the previous year. There were 43 homes sold in Marion in February 2020.

The median sales tax in Marion for the most recent year with available data, 2017, was $3,258, approximately 1.4% of the median home sale price for February 2021.

The following table compares Marion 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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