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Cedar Rapids Today

Wednesday, November 6, 2024

Center Point home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Center Point rose by $3,800 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through June of 2018, there were 35 homes sold, with a median sale price of $150,000 - a 2.6% increase over the $146,200 median sale price for the same period of the previous year. There were 42 homes sold in Center Point in the first half of 2017.

The median sales tax in Center Point for the most recent year with available data, 2017, was $3,019, approximately 2% of the median home sale price for the first half of 2018.

The following table compares Center Point 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)
Bertram14-75%$189,950$372,245-49%
Mount Vernon3235-8.6%$174,250$175,000-0.4%
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%

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