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Cedar Rapids Today

Wednesday, December 25, 2024

Robins home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Robins fell by $126,750 while total sales decreased by 46.7%, according to BlockShopper.com.

From July through September of 2018, there were eight homes sold, with a median sale price of $241,250 - a 34.4% decrease over the $368,000 median sale price for the same period of the previous year. There were 15 homes sold in Robins in the third quarter of 2017.

The median sales tax in Robins for the most recent year with available data, 2017, was $4,496, approximately 1.9% of the median home sale price for the third quarter of 2018.

The following table compares Robins to other Linn County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Ely1119-42.1%$289,000$246,00017.5%
Robins815-46.7%$241,250$368,000-34.4%
Walford12-50%$230,000$273,750-16%
Fairfax3015100%$213,950$155,00038%
Palo1219-36.8%$208,000$225,000-7.6%
Bertram21100%$203,401$485,000-58.1%
Mount Vernon211723.5%$184,000$227,000-18.9%
Springville910-10%$180,000$109,25064.8%
Marion31224328.4%$175,750$160,0009.8%
Hiawatha2931-6.5%$167,000$120,00039.2%
Center Point1318-27.8%$167,000$195,000-14.4%

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