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Cedar Rapids Today

Tuesday, December 24, 2024

Alburnett home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Alburnett rose by $107,810 while total sales increased by 150%, according to BlockShopper.com.

In October 2018, there were five homes sold, with a median sale price of $183,000 - a 143.4% increase over the $75,191 median sale price for the same period of the previous year. There were two homes sold in Alburnett in October 2017.

The median sales tax in Alburnett for the most recent year with available data, 2017, was $2,387, approximately 1.3% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Robins56-16.7%$275,000$303,500-9.4%
Fairfax7475%$269,900$65,400312.7%
Ely7540%$215,000$149,90043.4%
Hiawatha12119.1%$198,500$230,000-13.7%
Alburnett52150%$183,000$75,190.50143.4%
Mount Vernon5366.7%$175,000$182,000-3.8%
Marion1068327.7%$150,950$140,4007.5%
Cedar Rapids2292185%$149,000$134,00011.2%
Center Point440%$148,200$208,750-29%
Central City550%$131,400$130,0001.1%
Walker220%$121,950$55,320120.4%

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