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Cedar Rapids Today

Tuesday, December 24, 2024

Lisbon home prices fall in September 2018

Re 11

The median sale price of a home sold in September 2018 in Lisbon fell by $27,350 while total sales increased by 250%, according to BlockShopper.com.

In September 2018, there were seven homes sold, with a median sale price of $159,900 - a 14.6% decrease over the $187,250 median sale price for the same period of the previous year. There were two homes sold in Lisbon in September 2017.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.9% of the median home sale price for September 2018.

The following table compares Lisbon 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)
Palo59-44.4%$211,000$219,000-3.7%
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%

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