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Cedar Rapids Today

Tuesday, December 24, 2024

Ely home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Ely rose by $16,450 while total sales decreased by 50%, according to BlockShopper.com.

In September 2018, there were four homes sold, with a median sale price of $288,950 - a 6% increase over the $272,500 median sale price for the same period of the previous year. There were eight homes sold in Ely in September 2017.

The median sales tax in Ely for the most recent year with available data, 2017, was $3,269, approximately 1.1% of the median home sale price for September 2018.

The following table compares Ely 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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