Falling home prices in Walker in May 2021

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The median sale price of a home sold in May 2021 in Walker fell by $20,250 while total sales increased by 50%, according to BlockShopper.com.

In May 2021, there were three homes sold, with a median sale price of $155,000 - a 11.6% decrease over the $175,250 median sale price for the same period of the previous year. There were two homes sold in Walker in May 2020.

The median sales tax in Walker for the most recent year with available data, 2017, was $2,293, approximately 1.5% of the median home sale price for May 2021.

The following table compares Walker to other Linn County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Lisbon4333.3%$239,975$290,000-17.3%
Alburnett220%$216,250$318,650-32.1%
Marion846040%$194,750$140,95038.2%
Mount Vernon61500%$187,500$310,000-39.5%
Fairfax9580%$184,999$290,000-36.2%
Central City30-$183,777$0-
Hiawatha194375%$175,000$182,000-3.8%
Springville3250%$162,500$237,500-31.6%
Walker3250%$155,000$175,250-11.6%
Cedar Rapids20016521.2%$147,500$144,0002.4%
Coggon10-$147,500$0-

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