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Friday, November 22, 2024

Hills home prices fall in June 2018

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The median sale price of a home sold in June 2018 in Hills fell by $59,250 while total sales decreased by 50%, according to BlockShopper.com.

In June 2018, there were two homes sold, with a median sale price of $135,750 - a 30.4% decrease over the $195,000 median sale price for the same period of the previous year. There were four homes sold in Hills in June 2017.

The median sales tax in Hills for the most recent year with available data, 2016, was $2,194, approximately 1.6% of the median home sale price for June 2018.

The following table compares Hills to other Johnson County cities in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Iowa City1013-23.1%$422,450$447,500-5.6%
University Heights411-63.6%$238,500$282,000-15.4%
North Liberty7394-22.3%$230,000$206,00011.7%
Coralville7173-2.7%$220,000$235,000-6.4%
Tiffin1011-9.1%$192,250$189,0001.7%
Lone Tree58-37.5%$177,900$122,00045.8%
Hills24-50%$135,750$195,000-30.4%

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