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Cedar Rapids Today

Thursday, December 26, 2024

Coggon home prices fall in the first half of 2018

Realestate3

The median sale price of a home sold in the first half of 2018 in Coggon fell by $28,250 while total sales decreased by 17.6%, according to BlockShopper.com.

From January through June of 2018, there were 14 homes sold, with a median sale price of $86,750 - a 24.6% decrease over the $115,000 median sale price for the same period of the previous year. There were 17 homes sold in Coggon in the first half of 2017.

The median sales tax in Coggon for the most recent year with available data, 2017, was $1,750, approximately 2% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Marion485539-10%$170,000$169,9000.1%
Hiawatha63605%$160,000$158,5000.9%
Fairfax33323.1%$155,000$170,750-9.2%
Center Point3542-16.7%$150,000$146,2002.6%
Cedar Rapids1,4801,30013.8%$134,900$119,50012.9%
Springville1118-38.9%$130,000$121,0007.4%
Lisbon292611.5%$120,000$152,500-21.3%
Central City1926-26.9%$100,000$90,85010.1%
Coggon1417-17.6%$86,750$115,000-24.6%
Alburnett59-44.4%$82,000$180,000-54.4%
Walker94125%$55,000$103,000-46.6%

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