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Cedar Rapids Today

Wednesday, November 6, 2024

Springville home prices fall in August 2018

Realestate1

The median sale price of a home sold in August 2018 in Springville fell by $12,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In August 2018, there were three homes sold, with a median sale price of $133,000 - a 8.3% decrease over the $145,000 median sale price for the same period of the previous year. There were three homes sold in Springville in August 2017, as well.

The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 1.9% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Walker110%$220,000$158,06639.2%
Robins16-83.3%$219,900$357,500-38.5%
Lisbon89-11.1%$197,000$132,50048.7%
Marion1108923.6%$182,550$178,0002.6%
Hiawatha1011-9.1%$175,750$126,00039.5%
Center Point56-16.7%$167,000$193,500-13.7%
Cedar Rapids30222037.3%$140,950$128,00010.1%
Coggon110%$134,000$10,0001240%
Springville330%$133,000$145,000-8.3%
Palo46-33.3%$92,000$228,450-59.7%
Central City5425%$90,000$51,050.5076.3%

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