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Thursday, November 7, 2024

Walford home prices rise 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 Walford rose by $3,558 while total sales increased by 25%, according to BlockShopper.com.

From July through December of 2017, there were five homes sold, with a median sale price of $282,000 - a 1.3% increase over the $278,443 median sale price for the same period of the previous year. There were four homes sold in Walford in the second half of 2016.

The median sales tax in Walford for 2017 was $3,982. In 2016, the median sales tax was $4,008. This marks an decrease of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Walford 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)
Bertram13-66.7%$485,000$64,000657.8%
Robins282416.7%$351,000$341,5252.8%
Walford5425%$282,000$278,442.501.3%
Ely312714.8%$229,900$182,50026%
Mount Vernon2736-25%$227,000$186,22521.9%
Palo3339-15.4%$219,000$158,00038.6%
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%

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