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Cedar Rapids Today

Monday, November 25, 2024

How did home prices perform in Springville during Q2?

Realestate077

The median sale price of a home sold in the second quarter of 2022 in Springville rose by $218,750 while total sales decreased by 50 percent, according to BlockShopper.com.

From April through June, there were five homes sold, with a median sale price of $365,000 - a 149.6 percent increase over the $146,250 median sale price for the same period of the previous year. There were 10 homes sold in Springville in the second quarter of 2021.

The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 0.7 percent of the median home sale price for the second quarter of 2022.

The following table compares Springville to other Linn County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Bertram10-$760,000$0-
Ely310-70$376,956$267,47540.9
Fairfax2021-4.8$367,306$190,00093.3
Springville510-50$365,000$146,250149.6
Robins615-60$360,000$400,000-10
Mount Vernon918-50$310,000$200,00055
Palo59-44.4$295,000$280,0005.4
Marion176229-23.1$213,500$200,0006.8
Center Point519-73.7$210,000$249,000-15.7
Alburnett25-60$199,200$68,000192.9
Hiawatha1342-69$185,000$181,0002.2

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