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Cedar Rapids Today

Wednesday, November 6, 2024

Center Point home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Center Point rose by $94,000 while total sales increased by 50%, according to BlockShopper.com.

In March 2018, there were three homes sold, with a median sale price of $192,000 - a 95.9% increase over the $98,000 median sale price for the same period of the previous year. There were two homes sold in Center Point in March 2017.

The median sales tax in Center Point for the most recent year with available data, 2017, was $3,019, approximately 1.6% of the median home sale price for March 2018.

The following table compares Center Point to other Linn County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Robins16-83.3%$358,000$142,250151.7%
Ely58-37.5%$242,000$85,000184.7%
Fairfax84100%$239,250$259,750-7.9%
Center Point3250%$192,000$98,00095.9%
Palo6450%$192,000$214,000-10.3%
Mount Vernon45-20%$175,000$190,000-7.9%
Hiawatha1112-8.3%$160,000$133,00020.3%
Marion7479-6.3%$158,500$183,000-13.4%
Cedar Rapids22419713.7%$127,890$125,9801.5%
Lisbon220%$116,500$89,96729.5%
Alburnett20-$114,750$0-

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