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Cedar Rapids Today

Wednesday, December 25, 2024

Center Point home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Center Point fell by $26,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In August 2018, there were five homes sold, with a median sale price of $167,000 - a 13.7% decrease over the $193,500 median sale price for the same period of the previous year. There were six homes sold in Center Point in August 2017.

The median sales tax in Center Point for the most recent year with available data, 2017, was $3,019, approximately 1.8% of the median home sale price for August 2018.

The following table compares Center Point 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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