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Cedar Rapids Today

Monday, December 23, 2024

Marion home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Marion rose by $50,730 while total sales decreased by 16.7%, according to BlockShopper.com.

In January 2018, there were 50 homes sold, with a median sale price of $203,230 - a 33.3% increase over the $152,500 median sale price for the same period of the previous year. There were 60 homes sold in Marion in January 2017.

The median sales tax in Marion for the most recent year with available data, 2017, was $3,255, approximately 1.6% of the median home sale price for January 2018.

The following table compares Marion to other Linn County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Robins4333.3%$287,500$469,950-38.8%
Fairfax3250%$228,000$128,75077.1%
Palo14-75%$213,500$216,327.50-1.3%
Marion5060-16.7%$203,230$152,50033.3%
Hiawatha11683.3%$166,000$217,500-23.7%
Ely25-60%$160,750$258,000-37.7%
Mount Vernon5366.7%$156,500$265,000-40.9%
Springville31200%$150,000$110,00036.4%
Lisbon5425%$133,000$152,500-12.8%
Cedar Rapids19414434.7%$125,000$110,00013.6%
Walford20-$123,500$0-

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