In May 2018, there were four homes sold, with a median sale price of $282,000 - a 14.7% increase over the $245,950 median sale price for the same period of the previous year. There were four homes sold in University Heights in May 2017, as well.
The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 1.5% of the median home sale price for May 2018.
The following table compares University Heights to other Johnson County cities in May 2018:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Iowa City | 7 | 10 | -30% | $410,000 | $467,450 | -12.3% |
University Heights | 4 | 4 | 0% | $282,000 | $245,950 | 14.7% |
Tiffin | 8 | 12 | -33.3% | $223,500 | $177,450 | 26% |
North Liberty | 33 | 46 | -28.3% | $200,000 | $173,000 | 15.6% |
Coralville | 41 | 62 | -33.9% | $180,500 | $225,750 | -20% |
Hills | 1 | 1 | 0% | $175,000 | $198,500 | -11.8% |
Lone Tree | 4 | 4 | 0% | $148,500 | $146,500 | 1.4% |