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Sunday, November 24, 2024

Coggon median home prices rose by 20.1% in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Coggon rose by $23,000 while total sales decreased by 54.5 percent, according to BlockShopper.com.

From January through June, there were five homes sold, with a median sale price of $137,500 - a 20.1 percent increase over the $114,500 median sale price for the same period of the previous year. There were 11 homes sold in Coggon in the first half of 2021.

The median sales tax in Coggon for the most recent year with available data, 2017, was $1,750, approximately 1.3 percent of the median home sale price for the first half of 2022.

The following table compares Coggon to other Linn County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Springville817-52.9$274,500$162,50068.9
Alburnett36-50$270,400$96,500180.2
Palo613-53.8$235,500$235,0000.2
Marion227363-37.5$217,500$200,0008.8
Hiawatha3061-50.8$182,500$178,0002.5
Center Point1034-70.6$159,950$185,500-13.8
Cedar Rapids1,0321,307-21$158,950$150,0006
Lisbon1622-27.3$158,500$239,975-34
Central City171513.3$151,535$125,00021.2
Coggon511-54.5$137,500$114,50020.1
Walker17-85.7$80,000$130,901-38.9

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