From July through September, there were nine homes sold, with a median sale price of $199,900 - a 59.9 percent increase over the $125,000 median sale price for the same period of the previous year. There were 11 homes sold in Central City in the third quarter of 2021.
The median sales tax in Central City for the most recent year with available data, 2017, was $2,207, approximately 1.1 percent of the median home sale price for the third quarter of 2022.
The following table compares Central City to other Linn County cities with similar median sale prices in the third quarter of 2022:
| City | July - September 2022 Home Sales | July - September 2021 Home Sales | % change (Total Home Sales) | July - September 2022 Median Sales Price | July - September 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lisbon | 25 | 9 | 177.8 | $262,000 | $190,000 | 37.9 |
| Hiawatha | 34 | 41 | -17.1 | $240,000 | $205,000 | 17.1 |
| Marion | 232 | 316 | -26.6 | $230,550 | $204,750 | 12.6 |
| Center Point | 11 | 25 | -56 | $229,900 | $242,000 | -5 |
| Springville | 7 | 16 | -56.3 | $215,000 | $173,250 | 24.1 |
| Central City | 9 | 11 | -18.2 | $199,900 | $125,000 | 59.9 |
| Cedar Rapids | 596 | 859 | -30.6 | $167,000 | $156,500 | 6.7 |
| Walker | 11 | 6 | 83.3 | $165,000 | $165,000 | 0 |
| Coggon | 5 | 8 | -37.5 | $138,000 | $157,250 | -12.2 |
| Palo | 10 | 11 | -9.1 | $133,500 | $266,000 | -49.8 |
| Alburnett | 4 | 7 | -42.9 | $132,500 | $182,000 | -27.2 |
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