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Cedar Rapids Today

Friday, December 27, 2024

Coggon home prices fall in May 2018

Realestate077

The median sale price of a home sold in May 2018 in Coggon fell by $3,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $116,500 - a 2.9% decrease over the $120,000 median sale price for the same period of the previous year. There were six homes sold in Coggon in May 2017.

The median sales tax in Coggon for the most recent year with available data, 2017, was $1,750, approximately 1.5% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Hiawatha912-25%$213,000$147,00044.9%
Ely510-50%$194,172$201,700-3.7%
Marion88121-27.3%$190,000$188,8880.6%
Springville26-66.7%$185,000$149,50023.7%
Mount Vernon36-50%$180,000$157,45014.3%
Central City7616.7%$138,000$103,75033%
Cedar Rapids295301-2%$135,000$122,00010.7%
Walker220%$117,500$128,500-8.6%
Coggon56-16.7%$116,500$120,000-2.9%
Center Point912-25%$111,801$131,000-14.7%
Lisbon9650%$110,000$138,450-20.5%

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