The median sale price of a home sold in the first half of 2020 in Springville rose by $39,250 while total sales decreased by 12.5%, according to BlockShopper.com.
From January through June of 2020, there were 14 homes sold, with a median sale price of $184,750 - a 27% increase over the $145,500 median sale price for the same period of the previous year. There were 16 homes sold in Springville in the first half of 2019.
The median sales tax in Springville for the most recent year with available data, 2017, was $2,524, approximately 1.4% of the median home sale price for the first half of 2020.
The following table compares Springville to other Linn County cities with similar median sales prices in the first half of 2020:
| City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Robins | 23 | 28 | -17.9% | $290,000 | $274,500 | 5.6% |
| Fairfax | 23 | 36 | -36.1% | $259,900 | $202,900 | 28.1% |
| Mount Vernon | 18 | 29 | -37.9% | $216,500 | $208,000 | 4.1% |
| Ely | 19 | 33 | -42.4% | $215,000 | $250,000 | -14% |
| Palo | 23 | 15 | 53.3% | $190,000 | $214,000 | -11.2% |
| Springville | 14 | 16 | -12.5% | $184,750 | $145,500 | 27% |
| Marion | 341 | 449 | -24.1% | $175,900 | $172,500 | 2% |
| Central City | 10 | 13 | -23.1% | $174,750 | $146,693 | 19.1% |
| Center Point | 25 | 38 | -34.2% | $156,100 | $144,200 | 8.3% |
| Lisbon | 16 | 26 | -38.5% | $150,500 | $166,750 | -9.7% |
| Cedar Rapids | 1,078 | 1,345 | -19.9% | $143,900 | $138,000 | 4.3% |
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