The median sale price of a home sold in January 2021 in Fairfax rose by $117,462 while total sales increased by 100%, according to BlockShopper.com.
In January 2021, there were four homes sold, with a median sale price of $327,100 - a 56% increase over the $209,638 median sale price for the same period of the previous year. There were two homes sold in Fairfax in January 2020.
The median sales tax in Fairfax for the most recent year with available data, 2017, was $3,172, approximately 1% of the median home sale price for January 2021.
The following table compares Fairfax to other Linn County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ely | 1 | 1 | 0% | $429,489 | $117,000 | 267.1% |
| Robins | 2 | 5 | -60% | $335,450 | $185,000 | 81.3% |
| Fairfax | 4 | 2 | 100% | $327,099.50 | $209,637.50 | 56% |
| Hiawatha | 5 | 7 | -28.6% | $237,000 | $104,000 | 127.9% |
| Lisbon | 4 | 2 | 100% | $210,000 | $96,450 | 117.7% |
| Center Point | 3 | 1 | 200% | $192,000 | $242,000 | -20.7% |
| Walker | 2 | 1 | 100% | $175,450.50 | $51,000 | 244% |
| Marion | 43 | 52 | -17.3% | $157,100 | $163,000 | -3.6% |
| Mount Vernon | 4 | 2 | 100% | $154,450 | $165,000 | -6.4% |
| Cedar Rapids | 153 | 174 | -12.1% | $142,500 | $135,000 | 5.6% |
| Coggon | 1 | 0 | - | $115,000 | $0 | - |
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