Farley home prices fall in the third quarter of 2020

Medium realestate1

The median sale price of a home sold in the third quarter of 2020 in Farley fell by $31,500 while total sales decreased by 16.7%, according to BlockShopper.com.

From July through September of 2020, there were five homes sold, with a median sale price of $122,000 - a 20.5% decrease over the $153,500 median sale price for the same period of the previous year. There were six homes sold in Farley in the third quarter of 2019.

The median sales tax in Farley for the most recent year with available data, 2017, was $2,272, approximately 1.9% of the median home sale price for the third quarter of 2020.

The following table compares Farley to other Dubuque County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Asbury312240.9%$285,000$274,7503.7%
Peosta610-40%$217,500$249,750-12.9%
Cascade12119.1%$179,000$117,00053%
New Vienna10-$170,000$0-
Epworth56-16.7%$169,000$157,0007.6%
Dyersville301957.9%$166,250$158,0005.2%
Dubuque3012865.2%$162,000$159,9501.3%
Balltown21100%$151,000$220,000-31.4%
Luxemburg110%$142,000$125,00013.6%
Worthington4333.3%$125,625$72,25073.9%
Farley56-16.7%$122,000$153,500-20.5%
Holy Cross01-100%$0$64,000-100%

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