In June 2021, there were three homes sold, with a median sale price of $120,000 - a 26.3% increase over the $95,000 median sale price for the same period of the previous year. There were three homes sold in Springville in June 2020, as well.
The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 2.1% of the median home sale price for June 2021.
The following table compares Springville to other Linn County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ely | 5 | 4 | 25% | $232,500 | $269,950 | -13.9% |
| Marion | 96 | 86 | 11.6% | $228,800 | $214,475 | 6.7% |
| Mount Vernon | 7 | 7 | 0% | $221,650 | $300,000 | -26.1% |
| Fairfax | 10 | 11 | -9.1% | $217,000 | $195,001 | 11.3% |
| Hiawatha | 11 | 13 | -15.4% | $185,000 | $110,000 | 68.2% |
| Cedar Rapids | 289 | 199 | 45.2% | $170,000 | $149,000 | 14.1% |
| Central City | 6 | 3 | 100% | $122,000 | $245,000 | -50.2% |
| Springville | 3 | 3 | 0% | $120,000 | $95,000 | 26.3% |
| Coggon | 6 | 1 | 500% | $102,500 | $52,000 | 97.1% |
| Alburnett | 2 | 0 | - | $41,049 | $0 | - |
| Walker | 2 | 0 | - | $30,000 | $0 | - |
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