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Friday, November 22, 2024

Coralville home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Coralville fell by $45,250 while total sales decreased by 33.9%, according to BlockShopper.com.

In May 2018, there were 41 homes sold, with a median sale price of $180,500 - a 20% decrease over the $225,750 median sale price for the same period of the previous year. There were 62 homes sold in Coralville in May 2017.

The median sales tax in Coralville for the most recent year with available data, 2016, was $3,072, approximately 1.7% of the median home sale price for May 2018.

The following table compares Coralville to other Johnson County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Iowa City710-30%$410,000$467,450-12.3%
University Heights440%$282,000$245,95014.7%
Tiffin812-33.3%$223,500$177,45026%
North Liberty3346-28.3%$200,000$173,00015.6%
Coralville4162-33.9%$180,500$225,750-20%
Hills110%$175,000$198,500-11.8%
Lone Tree440%$148,500$146,5001.4%

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