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Cedar Rapids Today

Wednesday, December 25, 2024

Cedar Rapids home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Cedar Rapids rose by $12,000 while total sales decreased by 14.8%, according to BlockShopper.com.

In September 2018, there were 213 homes sold, with a median sale price of $140,000 - a 9.4% increase over the $128,000 median sale price for the same period of the previous year. There were 250 homes sold in Cedar Rapids in September 2017.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,557, approximately 1.8% of the median home sale price for September 2018.

The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Coggon220%$182,250$114,50059.2%
Fairfax78-12.5%$180,000$117,50053.2%
Hiawatha1112-8.3%$167,000$117,50042.1%
Marion103958.4%$166,000$166,0000%
Lisbon72250%$159,900$187,250-14.6%
Springville4333.3%$147,000$110,00033.6%
Cedar Rapids213250-14.8%$140,000$128,0009.4%
Central City3250%$135,000$140,500-3.9%
Walker30-$135,000$0-
Center Point27-71.4%$133,550$209,000-36.1%
Bertram110%$24,802$485,000-94.9%

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