In March 2018, there were eight homes sold, with a median sale price of $239,250 - a 7.9% decrease over the $259,750 median sale price for the same period of the previous year. There were four homes sold in Fairfax in March 2017.
The median sales tax in Fairfax for the most recent year with available data, 2017, was $3,172, approximately 1.3% of the median home sale price for March 2018.
The following table compares Fairfax to other Linn County cities with similar median sales prices in March 2018:
| City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Robins | 1 | 6 | -83.3% | $358,000 | $142,250 | 151.7% |
| Ely | 5 | 8 | -37.5% | $242,000 | $85,000 | 184.7% |
| Fairfax | 8 | 4 | 100% | $239,250 | $259,750 | -7.9% |
| Center Point | 3 | 2 | 50% | $192,000 | $98,000 | 95.9% |
| Palo | 6 | 4 | 50% | $192,000 | $214,000 | -10.3% |
| Mount Vernon | 4 | 5 | -20% | $175,000 | $190,000 | -7.9% |
| Hiawatha | 11 | 12 | -8.3% | $160,000 | $133,000 | 20.3% |
| Marion | 74 | 79 | -6.3% | $158,500 | $183,000 | -13.4% |
| Cedar Rapids | 224 | 197 | 13.7% | $127,890 | $125,980 | 1.5% |
| Lisbon | 2 | 2 | 0% | $116,500 | $89,967 | 29.5% |
| Alburnett | 2 | 0 | - | $114,750 | $0 | - |
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