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Friday, November 22, 2024

Iowa City home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Iowa City fell by $57,450 while total sales decreased by 30%, according to BlockShopper.com.

In May 2018, there were seven homes sold, with a median sale price of $410,000 - a 12.3% decrease over the $467,450 median sale price for the same period of the previous year. There were 10 homes sold in Iowa City in May 2017.

The following table compares Iowa City 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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