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Peoria Standard

Monday, September 30, 2024

Mason City home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Mason City fell by $9,750 while total sales increased by 60%, according to BlockShopper.com.

From July through September of 2018, there were eight homes sold, with a median sale price of $58,750 - a 14.2% decrease over the $68,500 median sale price for the same period of the previous year. There were five homes sold in Mason City in the third quarter of 2017.

The median sales tax in Mason City for the most recent year with available data, 2016, was $1,550, approximately 2.6% of the median home sale price for the third quarter of 2018.

The following table compares Mason City to other Mason County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Manito46-33.3%$76,050$78,950-3.7%
Forest City12-50%$65,000$13,500381.5%
Mason City8560%$58,750$68,500-14.2%
San Jose110%$53,000$120,000-55.8%
Easton20-$49,510$0-
Havana510-50%$40,000$55,450-27.9%
Kilbourne10-$25,000$0-
Bath110%$22,500$43,500-48.3%
Goofy Ridge00-$0$0-

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