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Saturday, December 28, 2024

What happened to the median home price in Alburnett during August 2021?

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The median sale price of a home sold in August 2021 in Alburnett rose by $188,100 while total sales increased by 50%, according to BlockShopper.com.

In August 2021, there were three homes sold, with a median sale price of $232,500 - a 423.6% increase over the $44,400 median sale price for the same period of the previous year. There were two homes sold in Alburnett in August 2020.

The median sales tax in Alburnett for the most recent year with available data, 2017, was $2,387, approximately 1% of the median home sale price for August 2021.

The following table compares Alburnett to other Linn County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Mount Vernon12771.4%$281,000$178,00057.9%
Hiawatha14955.6%$268,975$154,50074.1%
Walker220%$245,509$102,750138.9%
Marion1207657.9%$235,000$195,30020.3%
Palo4333.3%$234,500$196,00019.6%
Alburnett3250%$232,500$44,400423.6%
Lisbon13-66.7%$188,000$135,50038.7%
Springville81700%$180,000$107,50967.4%
Cedar Rapids20818313.7%$164,000$146,80011.7%
Coggon30-$140,000$0-
Central City34-25%$106,500$138,500-23.1%

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