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Cedar Rapids Today

Thursday, November 7, 2024

Walker home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Walker fell by $26,750 while total sales decreased by 40%, according to BlockShopper.com.

From July through December of 2017, there were six homes sold, with a median sale price of $62,000 - a 30.1% decrease over the $88,750 median sale price for the same period of the previous year. There were 10 homes sold in Walker in the second half of 2016.

The median sales tax in Walker for 2017 was $2,293. In 2016, the median sales tax was $2,268. This marks an increase of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Walker to other Linn County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Center Point3146-32.6%$195,000$153,95026.7%
Alburnett7616.7%$170,000$170,750-0.4%
Lisbon2038-47.4%$152,750$112,12536.2%
Marion486543-10.5%$150,000$175,000-14.3%
Fairfax2639-33.3%$137,500$244,850-43.8%
Cedar Rapids1,3441,2844.7%$130,000$117,97510.2%
Hiawatha6184-27.4%$129,900$141,000-7.9%
Springville1624-33.3%$118,500$132,500-10.6%
Central City272412.5%$89,000$107,000-16.8%
Coggon10911.1%$79,750$118,567-32.7%
Walker610-40%$62,000$88,750-30.1%

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