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Hawkeye Reporter

Tuesday, December 17, 2024

January 2022: Home prices in Cedar Rapids increased

Re 12

The median sale price of a home sold in January 2022 in Cedar Rapids rose by $10,731 while total sales increased by 14.4%, according to BlockShopper.com.

In January 2022, there were 175 homes sold, with a median sale price of $153,231 - a 7.5% increase over the $142,500 median sale price for the same period of the previous year. There were 153 homes sold in Cedar Rapids in January 2021.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,561, approximately 1.7% of the median home sale price for January 2022.

The following table compares Cedar Rapids to other Linn County cities in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Cedar Rapids17515314.4%$153,231$142,5007.5%
Hiawatha05-100%$0$237,000-100%
Springville00-$0$0-
Center Point03-100%$0$192,000-100%
Coggon01-100%$0$115,000-100%
Mount Vernon04-100%$0$154,450-100%
Palo00-$0$0-
Lisbon04-100%$0$210,000-100%
Central City02-100%$0$106,250-100%
Robins02-100%$0$335,450-100%
Alburnett00-$0$0-
Walker02-100%$0$175,450.50-100%
Marion043-100%$0$157,100-100%
Fairfax04-100%$0$327,099.50-100%
Bertram00-$0$0-
Ely01-100%$0$429,489-100%
Walford00-$0$0-

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