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Cedar Rapids Today

Wednesday, November 6, 2024

November 2021: Home prices in Cedar Rapids increased

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The median sale price of a home sold in November 2021 in Cedar Rapids rose by $5,700 while total sales decreased by 16.7%, according to BlockShopper.com.

In November 2021, there were 150 homes sold, with a median sale price of $149,950 - a 4% increase over the $144,250 median sale price for the same period of the previous year. There were 180 homes sold in Cedar Rapids in November 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 November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Palo3250%$270,000$259,5004%
Ely3250%$252,500$217,45016.1%
Lisbon4333.3%$235,000$220,0006.8%
Marion775735.1%$216,000$228,000-5.3%
Center Point11757.1%$195,000$192,4001.4%
Central City23-33.3%$190,000$150,00026.7%
Mount Vernon45-20%$187,500$225,000-16.7%
Hiawatha510-50%$181,500$156,50016%
Coggon12-50%$155,000$83,75085.1%
Cedar Rapids150180-16.7%$149,950$144,2504%
Alburnett31200%$44,900$485,000-90.7%

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