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Friday, November 22, 2024

Lone Tree home prices fall in July 2018

Realestate2

The median sale price of a home sold in July 2018 in Lone Tree fell by $27,500 while total sales increased by 66.7%, according to BlockShopper.com.

In July 2018, there were five homes sold, with a median sale price of $132,500 - a 17.2% decrease over the $160,000 median sale price for the same period of the previous year. There were three homes sold in Lone Tree in July 2017.

The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.6% of the median home sale price for July 2018.

The following table compares Lone Tree to other Johnson County cities in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
University Heights11683.3%$340,000$250,00036%
Iowa City612-50%$274,500$290,000-5.3%
Tiffin79-22.2%$232,000$199,60516.2%
Coralville4270-40%$231,750$224,2503.3%
North Liberty4357-24.6%$197,000$200,000-1.5%
Lone Tree5366.7%$132,500$160,000-17.2%
Hills10-$80,000$0-

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