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Cedar Rapids Today

Wednesday, November 6, 2024

Springville home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Springville rose by $35,500 while total sales decreased by 66.7%, according to BlockShopper.com.

In May 2018, there were two homes sold, with a median sale price of $185,000 - a 23.7% increase over the $149,500 median sale price for the same period of the previous year. There were six homes sold in Springville in May 2017.

The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 1.4% of the median home sale price for May 2018.

The following table compares Springville 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)
Alburnett110%$231,000$132,00075%
Fairfax67-14.3%$214,500$137,00056.6%
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%

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