From July through September of 2021, there were 11 homes sold, with a median sale price of $125,000 - a 12.3% decrease over the $142,500 median sale price for the same period of the previous year. There were 10 homes sold in Central City in the third quarter of 2020.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 1.8% of the median home sale price for the third quarter of 2021.
The following table compares Central City to other Linn County cities with similar median sale prices in the third quarter of 2021:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Center Point | 25 | 13 | 92.3% | $242,000 | $190,000 | 27.4% |
| Hiawatha | 41 | 27 | 51.9% | $205,000 | $215,000 | -4.7% |
| Marion | 316 | 227 | 39.2% | $204,750 | $191,000 | 7.2% |
| Lisbon | 9 | 12 | -25% | $190,000 | $197,500 | -3.8% |
| Bertram | 2 | 0 | - | $187,500 | $0 | - |
| Alburnett | 7 | 8 | -12.5% | $182,000 | $176,500 | 3.1% |
| Springville | 16 | 3 | 433.3% | $173,250 | $139,000 | 24.6% |
| Walker | 6 | 3 | 100% | $165,000 | $123,500 | 33.6% |
| Coggon | 8 | 5 | 60% | $157,250 | $123,000 | 27.8% |
| Cedar Rapids | 859 | 607 | 41.5% | $156,500 | $151,000 | 3.6% |
| Central City | 11 | 10 | 10% | $125,000 | $142,500 | -12.3% |
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