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Cedar Rapids Today

Wednesday, November 6, 2024

Mount Vernon home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Mount Vernon rose by $43,375 while total sales increased by 100%, according to BlockShopper.com.

In September 2018, there were eight homes sold, with a median sale price of $235,875 - a 22.5% increase over the $192,500 median sale price for the same period of the previous year. There were four homes sold in Mount Vernon in September 2017.

The median sales tax in Mount Vernon for the most recent year with available data, 2017, was $3,654, approximately 1.5% of the median home sale price for September 2018.

The following table compares Mount Vernon 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)
Robins35-40%$323,000$368,000-12.2%
Ely48-50%$288,950$272,5006%
Mount Vernon84100%$235,875$192,50022.5%
Walford110%$230,000$262,500-12.4%
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%

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