From January through March of 2019, there were two homes sold, with a median sale price of $62,850 - a 22.1% decrease over the $80,700 median sale price for the same period of the previous year. There were eight homes sold in Central City in the first quarter of 2018.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 3.5% of the median home sale price for the first quarter of 2019.
The following table compares Central City to other Linn County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mount Vernon | 7 | 11 | -36.4% | $187,000 | $170,000 | 10% |
| Marion | 164 | 175 | -6.3% | $169,000 | $185,000 | -8.6% |
| Lisbon | 12 | 10 | 20% | $144,250 | $112,500 | 28.2% |
| Palo | 7 | 10 | -30% | $135,500 | $192,750 | -29.7% |
| Cedar Rapids | 505 | 595 | -15.1% | $131,100 | $125,000 | 4.9% |
| Center Point | 13 | 7 | 85.7% | $130,000 | $192,000 | -32.3% |
| Hiawatha | 17 | 27 | -37% | $129,827 | $156,900 | -17.3% |
| Walker | 5 | 3 | 66.7% | $122,000 | $39,000 | 212.8% |
| Coggon | 3 | 5 | -40% | $118,500 | $69,900 | 69.5% |
| Alburnett | 3 | 2 | 50% | $65,000 | $114,750 | -43.4% |
| Central City | 2 | 8 | -75% | $62,850 | $80,700 | -22.1% |
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