What happened to the median home price in Marion during May 2021?

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The median sale price of a home sold in May 2021 in Marion rose by $53,800 while total sales increased by 40%, according to BlockShopper.com.

In May 2021, there were 84 homes sold, with a median sale price of $194,750 - a 38.2% increase over the $140,950 median sale price for the same period of the previous year. There were 60 homes sold in Marion in May 2020.

The median sales tax in Marion for the most recent year with available data, 2017, was $3,258, approximately 1.7% of the median home sale price for May 2021.

The following table compares Marion 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)
Robins5366.7%$295,000$245,00020.4%
Ely42100%$283,950$290,500-2.3%
Center Point67-14.3%$241,000$78,500207%
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%

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