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Cedar Rapids Today

Tuesday, November 5, 2024

Hiawatha home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Hiawatha fell by $51,500 while total sales increased by 83.3%, according to BlockShopper.com.

In January 2018, there were 11 homes sold, with a median sale price of $166,000 - a 23.7% decrease over the $217,500 median sale price for the same period of the previous year. There were six homes sold in Hiawatha in January 2017.

The median sales tax in Hiawatha for the most recent year with available data, 2017, was $2,889, approximately 1.7% of the median home sale price for January 2018.

The following table compares Hiawatha 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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