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Cedar Rapids Today

Tuesday, November 5, 2024

Lisbon home prices fall in November 2018

Re 6

The median sale price of a home sold in November 2018 in Lisbon fell by $65,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In November 2018, there were two homes sold, with a median sale price of $100,000 - a 39.6% decrease over the $165,500 median sale price for the same period of the previous year. There were two homes sold in Lisbon in November 2017, as well.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 3% of the median home sale price for November 2018.

The following table compares Lisbon to other Linn County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Center Point7616.7%$200,000$195,0002.6%
Marion8186-5.8%$169,900$150,50012.9%
Springville5425%$145,000$130,50011.1%
Alburnett110%$140,000$277,500-49.5%
Central City47-42.9%$139,000$79,50074.8%
Palo6520%$136,250$186,796-27.1%
Cedar Rapids227246-7.7%$129,900$139,500-6.9%
Hiawatha512-58.3%$100,000$124,250-19.5%
Lisbon220%$100,000$165,500-39.6%
Coggon220%$69,500$73,250-5.1%
Walker12-50%$20,000$90,250-77.8%

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