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Peoria Standard

Monday, November 25, 2024

Mason City home prices fall in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Mason City fell by $9,650 while total sales decreased by 45%, according to BlockShopper.com.

From July through December of 2017, there were 11 homes sold, with a median sale price of $60,000 - a 13.9% decrease over the $69,650 median sale price for the same period of the previous year. There were 20 homes sold in Mason City in the second half of 2016.

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 second half of 2017.

The following table compares Mason City to other Mason County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
San Jose13-66.7%$120,000$20,000500%
Manito912-25%$74,000$88,700-16.6%
Mason City1120-45%$60,000$69,650-13.9%
Havana18180%$59,950$47,75025.5%
Easton21100%$50,000$27,00085.2%
Goofy Ridge10-$44,000$0-
Bath10-$43,500$0-
Forest City21100%$13,500$70,000-80.7%
Kilbourne00-$0$0-

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