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Cedar Rapids Today

Wednesday, December 25, 2024

Marion home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Marion rose by $33,000 while total sales increased by 67.8%, according to BlockShopper.com.

In July 2018, there were 99 homes sold, with a median sale price of $175,000 - a 23.2% increase over the $142,000 median sale price for the same period of the previous year. There were 59 homes sold in Marion in July 2017.

The median sales tax in Marion for the most recent year with available data, 2017, was $3,255, approximately 1.9% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Palo34-25%$240,000$221,5008.4%
Springville24-50%$224,950$67,250234.5%
Robins440%$205,000$360,229-43.1%
Central City23-33.3%$197,450$103,00091.7%
Fairfax115120%$181,500$175,0003.7%
Marion995967.8%$175,000$142,00023.2%
Mount Vernon104150%$165,000$225,950-27%
Center Point6520%$162,000$195,000-16.9%
Alburnett110%$155,000$86,00080.2%
Cedar Rapids26118938.1%$147,000$122,90019.6%
Coggon3250%$135,000$133,2001.4%

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