In January 2018, there were 194 homes sold, with a median sale price of $125,000 - a 13.6% increase over the $110,000 median sale price for the same period of the previous year. There were 144 homes sold in Cedar Rapids in January 2017.
The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,557, approximately 2% of the median home sale price for January 2018.
The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in January 2018:
| City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hiawatha | 11 | 6 | 83.3% | $166,000 | $217,500 | -23.7% |
| Ely | 2 | 5 | -60% | $160,750 | $258,000 | -37.7% |
| Mount Vernon | 5 | 3 | 66.7% | $156,500 | $265,000 | -40.9% |
| Springville | 3 | 1 | 200% | $150,000 | $110,000 | 36.4% |
| Lisbon | 5 | 4 | 25% | $133,000 | $152,500 | -12.8% |
| Cedar Rapids | 194 | 144 | 34.7% | $125,000 | $110,000 | 13.6% |
| Walford | 2 | 0 | - | $123,500 | $0 | - |
| Central City | 4 | 5 | -20% | $99,750 | $88,700 | 12.5% |
| Walker | 2 | 1 | 100% | $47,000 | $104,000 | -54.8% |
| Coggon | 1 | 1 | 0% | $32,300 | $65,000 | -50.3% |
| Center Point | 1 | 7 | -85.7% | $16,500 | $148,500 | -88.9% |
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