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Cedar Rapids Today

Wednesday, November 6, 2024

How did home prices perform in Coggon during the third quarter of 2021?

Realestate4

The median sale price of a home sold in the third quarter of 2021 in Coggon rose by $34,250 while total sales increased by 60%, according to BlockShopper.com.

From July through September of 2021, there were eight homes sold, with a median sale price of $157,250 - a 27.8% increase over the $123,000 median sale price for the same period of the previous year. There were five homes sold in Coggon in the third quarter of 2020.

The median sales tax in Coggon for the most recent year with available data, 2017, was $1,750, approximately 1.1% of the median home sale price for the third quarter of 2021.

The following table compares Coggon to other Linn County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Center Point251392.3%$242,000$190,00027.4%
Hiawatha412751.9%$205,000$215,000-4.7%
Marion31622739.2%$204,750$191,0007.2%
Lisbon912-25%$190,000$197,500-3.8%
Bertram20-$187,500$0-
Alburnett78-12.5%$182,000$176,5003.1%
Springville163433.3%$173,250$139,00024.6%
Walker63100%$165,000$123,50033.6%
Coggon8560%$157,250$123,00027.8%
Cedar Rapids85960741.5%$156,500$151,0003.6%
Central City111010%$125,000$142,500-12.3%

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