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Friday, November 22, 2024

University Heights home prices fall in June 2018

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The median sale price of a home sold in June 2018 in University Heights fell by $43,500 while total sales decreased by 63.6%, according to BlockShopper.com.

In June 2018, there were four homes sold, with a median sale price of $238,500 - a 15.4% decrease over the $282,000 median sale price for the same period of the previous year. There were 11 homes sold in University Heights in June 2017.

The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 1.8% of the median home sale price for June 2018.

The following table compares University Heights 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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