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Cedar Rapids Today

Wednesday, November 6, 2024

What happened to the median home price in Lisbon during September 2021?

Realestate1

The median sale price of a home sold in September 2021 in Lisbon fell by $31,500 while total sales decreased by 20%, according to BlockShopper.com.

In September 2021, there were four homes sold, with a median sale price of $168,500 - a 15.8% decrease over the $200,000 median sale price for the same period of the previous year. There were five homes sold in Lisbon in September 2020.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.8% of the median home sale price for September 2021.

The following table compares Lisbon 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)
Mount Vernon48-50%$244,750$231,2505.8%
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%

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