What happened to the median home price in Cedar Rapids during April?

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The median sale price of a home sold in April in Cedar Rapids fell by $15,500 while total sales decreased by 41.8 percent, according to BlockShopper.com.

In April, there were 131 homes sold, with a median sale price of $139,500 - a 10 percent decrease from the $155,000 median sale price for the same period of the previous year. There were 225 homes sold in Cedar Rapids in April 2021.

The median sales tax in Cedar Rapids for the most recent year with available data, 2017, was $2,561, approximately 1.8 percent of the median home sale price for April.

The following table compares Cedar Rapids to other Linn County cities in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Center Point16-83.3$425,000$252,20068.5
Mount Vernon15-80$350,000$269,00030.1
Palo17-85.7$325,000$289,92212.1
Marion449-91.8$239,500$167,00043.4
Central City10-$147,500$0-
Cedar Rapids131225-41.8$139,500$155,000-10
Ely01-100$0$106,500-100
Walford01-100$0$365,000-100
Hiawatha012-100$0$225,000-100
Springville04-100$0$152,500-100
Coggon01-100$0$26,000-100
Lisbon01-100$0$89,950-100
Robins04-100$0$480,000-100
Alburnett01-100$0$43,000-100
Walker00-$0$0-
Fairfax02-100$0$207,950-100
Bertram00-$0$0-

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