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Peoria Standard

Monday, November 25, 2024

Mason City home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Mason City fell by $3,400 while total sales decreased by 45.5%, according to BlockShopper.com.

From October through December of 2017, there were six homes sold, with a median sale price of $53,000 - a 6% decrease over the $56,400 median sale price for the same period of the previous year. There were 11 homes sold in Mason City in the fourth quarter of 2016.

The median sales tax in Mason City for the most recent year with available data, 2016, was $1,550, approximately 2.9% of the median home sale price for the fourth quarter of 2017.

The following table compares Mason City to other Mason County cities in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Manito3250%$74,000$69,9505.8%
Havana89-11.1%$62,250$33,50085.8%
Mason City611-45.5%$53,000$56,400-6%
Easton20-$50,000$0-
Goofy Ridge10-$44,000$0-
Forest City00-$0$0-
San Jose01-100%$0$20,000-100%
Bath00-$0$0-
Kilbourne00-$0$0-

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