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Cedar Rapids Today

Wednesday, December 25, 2024

Marion home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Marion rose by $4,550 while total sales increased by 23.6%, according to BlockShopper.com.

In August 2018, there were 110 homes sold, with a median sale price of $182,550 - a 2.6% increase over the $178,000 median sale price for the same period of the previous year. There were 89 homes sold in Marion in August 2017.

The median sales tax in Marion for the most recent year with available data, 2017, was $3,255, approximately 1.8% of the median home sale price for August 2018.

The following table compares Marion 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)
Fairfax122500%$293,000$113,100159.1%
Mount Vernon39-66.7%$239,950$234,0002.5%
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%

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