Lisbon home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Lisbon rose by $21,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $181,000 - a 13.5% increase over the $159,500 median sale price for the same period of the previous year. There were six homes sold in Lisbon in October 2019.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.7% of the median home sale price for October 2020.

The following table compares Lisbon to other Linn County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Mount Vernon68-25%$243,200$196,75023.6%
Walker25-60%$242,000$157,50053.7%
Center Point69-33.3%$225,000$190,00018.4%
Palo21100%$223,500$404,536-44.8%
Springville51400%$210,000$124,95068.1%
Marion796619.7%$206,000$183,90012%
Lisbon56-16.7%$181,000$159,50013.5%
Hiawatha1013-23.1%$167,500$185,000-9.5%
Coggon13-66.7%$146,000$135,0008.1%
Cedar Rapids169212-20.3%$145,000$142,0002.1%
Central City23-33.3%$104,500$250,000-58.2%

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