Quantcast

Cedar Rapids Today

Thursday, November 7, 2024

Ely home prices rose in the first half of 2021

Re 10

The median sale price of a home sold in the first half of 2021 in Ely rose by $52,475 while total sales decreased by 26.3%, according to BlockShopper.com.

From January through June of 2021, there were 14 homes sold, with a median sale price of $267,475 - a 24.4% increase over the $215,000 median sale price for the same period of the previous year. There were 19 homes sold in Ely in the first half of 2020.

The median sales tax in Ely for the most recent year with available data, 2017, was $3,270, approximately 1.2% of the median home sale price for the first half of 2021.

The following table compares Ely to other Linn County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Robins2223-4.3%$382,500$290,00031.9%
Walford12-50%$365,000$314,75016%
Ely1419-26.3%$267,475$215,00024.4%
Lisbon221637.5%$239,975$150,50059.5%
Palo1323-43.5%$235,000$190,00023.7%
Marion3633416.5%$200,000$175,90013.7%
Mount Vernon321877.8%$198,250$216,500-8.4%
Fairfax332343.5%$190,000$259,900-26.9%
Center Point342536%$185,500$156,10018.8%
Hiawatha614052.5%$178,000$124,70042.7%
Springville171421.4%$162,500$184,750-12%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS