Quantcast

Cedar Rapids Today

Wednesday, November 6, 2024

Alburnett home prices fall in the first quarter of 2018

Re 11

The median sale price of a home sold in the first quarter of 2018 in Alburnett fell by $65,250 while total sales decreased by 66.7%, according to BlockShopper.com.

From January through March of 2018, there were two homes sold, with a median sale price of $114,750 - a 36.3% decrease over the $180,000 median sale price for the same period of the previous year. There were six homes sold in Alburnett in the first quarter of 2017.

The median sales tax in Alburnett for the most recent year with available data, 2017, was $2,387, approximately 2.1% of the median home sale price for the first quarter of 2018.

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

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Marion175197-11.2%$185,000$162,00014.2%
Mount Vernon11110%$170,000$215,000-20.9%
Hiawatha27258%$156,900$109,00043.9%
Cedar Rapids59548722.2%$125,000$117,5006.4%
Springville52150%$125,000$74,00068.9%
Walford21100%$123,500$300,000-58.8%
Alburnett26-66.7%$114,750$180,000-36.3%
Lisbon10666.7%$112,500$132,500-15.1%
Central City89-11.1%$80,700$84,450-4.4%
Coggon56-16.7%$69,900$78,975-11.5%
Walker31200%$39,000$104,000-62.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS