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Cedar Rapids Today

Wednesday, November 6, 2024

Walker home prices fall in 2017

Realestate4

The median sale price of a home sold in 2017 in Walker fell by $5,250 while total sales decreased by 56.5%, according to BlockShopper.com.

From January through December of 2017, there were 10 homes sold, with a median sale price of $99,750 - a 5% decrease over the $105,000 median sale price for the previous year. There were 23 homes sold in Walker in 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 2.3%.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Alburnett161414.3%$175,000$128,50036.2%
Center Point7384-13.1%$160,500$141,25013.6%
Marion1,0251,091-6%$158,000$164,000-3.7%
Lisbon4678-41%$152,500$125,00022%
Fairfax5869-15.9%$150,750$200,000-24.6%
Hiawatha121145-16.6%$142,000$142,0000%
Cedar Rapids2,6442,6191%$125,000$117,8006.1%
Springville3436-5.6%$120,500$132,500-9.1%
Coggon272412.5%$107,500$90,03319.4%
Walker1023-56.5%$99,750$105,000-5%
Central City533839.5%$89,000$110,500-19.5%

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