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Cedar Rapids Today

Wednesday, November 6, 2024

Center Point home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Center Point rose by $160,100 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In February 2018, there were three homes sold, with a median sale price of $210,000 - a 320.8% increase over the $49,900 median sale price for the same period of the previous year. There were three homes sold in Center Point in February 2017, as well.

The median sales tax in Center Point for the most recent year with available data, 2017, was $3,019, approximately 1.4% of the median home sale price for February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Robins12-50%$350,000$227,00054.2%
Ely24-50%$253,450$203,70024.4%
Center Point330%$210,000$49,900320.8%
Mount Vernon23-33.3%$181,450$215,000-15.6%
Marion5158-12.1%$175,300$164,243.506.7%
Palo35-40%$172,000$30,000473.3%
Hiawatha57-28.6%$148,000$104,90041.1%
Springville10-$125,000$0-
Cedar Rapids17714621.2%$120,000$115,2504.1%
Lisbon30-$92,000$0-
Fairfax14-75%$78,000$129,750-39.9%

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