In July 2021, there were five homes sold, with a median sale price of $126,000 - a 25.9% decrease over the $170,000 median sale price for the same period of the previous year. There were two homes sold in Central City in July 2020.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 1.8% of the median home sale price for July 2021.
The following table compares Central City to other Linn County cities with similar median sale prices in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ely | 6 | 3 | 100% | $235,992 | $123,000 | 91.9% |
| Lisbon | 4 | 4 | 0% | $227,500 | $206,500 | 10.2% |
| Mount Vernon | 14 | 5 | 180% | $214,500 | $115,000 | 86.5% |
| Center Point | 10 | 2 | 400% | $212,500 | $98,000 | 116.8% |
| Hiawatha | 17 | 11 | 54.5% | $206,000 | $181,000 | 13.8% |
| Coggon | 2 | 2 | 0% | $196,000 | $145,000 | 35.2% |
| Marion | 117 | 71 | 64.8% | $190,450 | $190,000 | 0.2% |
| Walker | 3 | 1 | 200% | $170,000 | $169,750 | 0.1% |
| Cedar Rapids | 207 | 244 | -15.2% | $159,000 | $152,250 | 4.4% |
| Alburnett | 2 | 2 | 0% | $153,500 | $255,000 | -39.8% |
| Central City | 5 | 2 | 150% | $126,000 | $170,000 | -25.9% |
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