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Cedar Rapids Today

Wednesday, November 6, 2024

Home prices increased in Marion during August 2021

Realestate077

The median sale price of a home sold in August 2021 in Marion rose by $39,700 while total sales increased by 57.9%, according to BlockShopper.com.

In August 2021, there were 120 homes sold, with a median sale price of $235,000 - a 20.3% increase over the $195,300 median sale price for the same period of the previous year. There were 76 homes sold in Marion in August 2020.

The median sales tax in Marion for the most recent year with available data, 2017, was $3,258, approximately 1.4% of the median home sale price for August 2021.

The following table compares Marion 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)
Ely14-75%$298,900$295,5001.2%
Fairfax58-37.5%$285,000$272,5004.6%
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%

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