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Cedar Rapids Today

Thursday, November 7, 2024

Pricing for the median home in Cedar Rapids increased during June 2021

Realestate077

The median sale price of a home sold in June 2021 in Cedar Rapids rose by $21,000 while total sales increased by 45.2%, according to BlockShopper.com.

In June 2021, there were 289 homes sold, with a median sale price of $170,000 - a 14.1% increase over the $149,000 median sale price for the same period of the previous year. There were 199 homes sold in Cedar Rapids in June 2020.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,561, approximately 1.5% of the median home sale price for June 2021.

The following table compares Cedar Rapids to other Linn County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Ely5425%$232,500$269,950-13.9%
Marion968611.6%$228,800$214,4756.7%
Mount Vernon770%$221,650$300,000-26.1%
Fairfax1011-9.1%$217,000$195,00111.3%
Hiawatha1113-15.4%$185,000$110,00068.2%
Cedar Rapids28919945.2%$170,000$149,00014.1%
Central City63100%$122,000$245,000-50.2%
Springville330%$120,000$95,00026.3%
Coggon61500%$102,500$52,00097.1%
Alburnett20-$41,049$0-
Walker20-$30,000$0-

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