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Dubuque Times

Saturday, November 23, 2024

Falling home prices in Farley in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Farley fell by $3,500 while total sales decreased by 55%, according to BlockShopper.com.

From January through June of 2021, there were nine homes sold, with a median sale price of $163,000 - a 2.1% decrease over the $166,500 median sale price for the same period of the previous year. There were 20 homes sold in Farley in the first half of 2020.

The median sales tax in Farley for the most recent year with available data, 2017, was $2,272, approximately 1.4% of the median home sale price for the first half of 2021.

The following table compares Farley to other Dubuque County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Asbury392462.5%$291,250$275,5005.7%
Peosta15147.1%$280,000$278,2500.6%
Epworth1017-41.2%$195,000$156,00025%
Dubuque4844458.8%$170,000$157,5007.9%
Farley920-55%$163,000$166,500-2.1%
Worthington35-40%$158,000$135,00017%
Dyersville2938-23.7%$150,000$141,5006%
Cascade1219-36.8%$148,450$160,000-7.2%
Balltown10-$145,000$0-
Luxemburg30-$140,000$0-
Holy Cross14-75%$136,000$141,000-3.5%

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