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Cedar Rapids Today

Wednesday, November 6, 2024

Pricing for the median home in Cedar Rapids decreased during September 2021

Realestate077

The median sale price of a home sold in September 2021 in Cedar Rapids fell by $2,250 while total sales increased by 61.7%, according to BlockShopper.com.

In September 2021, there were 291 homes sold, with a median sale price of $152,000 - a 1.5% decrease over the $154,250 median sale price for the same period of the previous year. There were 180 homes sold in Cedar Rapids in September 2020.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,561, approximately 1.7% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Fairfax135160%$229,500$260,000-11.7%
Center Point9650%$205,000$188,9758.5%
Marion7980-1.3%$187,000$203,000-7.9%
Hiawatha10742.9%$171,500$275,000-37.6%
Lisbon45-20%$168,500$200,000-15.8%
Cedar Rapids29118061.7%$152,000$154,250-1.5%
Springville41300%$146,950$147,000-0%
Alburnett24-50%$126,950$176,500-28.1%
Central City34-25%$115,000$120,000-4.2%
Coggon330%$65,000$117,500-44.7%
Walker10-$28,980$0-

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