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Cedar Rapids Today

Monday, November 25, 2024

Linn County home prices rose 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 Linn County rose by $7,000 while total sales decreased by 22.5%.

From January through June of 2022, there were 1,518 homes sold, with a median sale price of $169,500 - a 4.3% increase over the $162,500 median sale price for the same period of the previous year. There were 1,959 homes sold in Linn County in the first half of 2021.

The median sales tax in Linn County for the most recent year with available data, 2017, was $2,728 approximately 1.6% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Linn County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$162500$162500$170000$170000$169500$169500

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