From April through June of 2018, there were 885 homes sold, with a median sale price of $138,000 - a 15% increase over the $120,000 median sale price for the same period of the previous year. There were 813 homes sold in Cedar Rapids in the second quarter of 2017.
The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,557, approximately 1.9% of the median home sale price for the second quarter of 2018.
The following table compares Cedar Rapids to other Linn County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marion | 310 | 342 | -9.4% | $167,700 | $174,800 | -4.1% |
| Hiawatha | 36 | 35 | 2.9% | $166,250 | $190,000 | -12.5% |
| Springville | 6 | 16 | -62.5% | $152,500 | $129,000 | 18.2% |
| Fairfax | 21 | 22 | -4.5% | $148,000 | $170,750 | -13.3% |
| Lisbon | 19 | 20 | -5% | $139,900 | $162,450 | -13.9% |
| Cedar Rapids | 885 | 813 | 8.9% | $138,000 | $120,000 | 15% |
| Center Point | 28 | 30 | -6.7% | $134,000 | $147,700 | -9.3% |
| Central City | 11 | 17 | -35.3% | $127,000 | $100,000 | 27% |
| Walker | 6 | 3 | 100% | $113,500 | $102,000 | 11.3% |
| Coggon | 9 | 11 | -18.2% | $87,500 | $120,000 | -27.1% |
| Alburnett | 3 | 3 | 0% | $52,000 | $132,000 | -60.6% |
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