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Friday, November 22, 2024

Lone Tree home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Lone Tree fell by $28,000 while total sales increased by 100%, according to BlockShopper.com.

In April 2018, there were four homes sold, with a median sale price of $140,500 - a 16.6% decrease over the $168,500 median sale price for the same period of the previous year. There were two homes sold in Lone Tree in April 2017.

The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.5% of the median home sale price for April 2018.

The following table compares Lone Tree to other Johnson County cities in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Iowa City13-66.7%$295,000$544,000-45.8%
Coralville3437-8.1%$236,500$205,90014.9%
North Liberty2245-51.1%$219,000$199,9009.6%
Tiffin514-64.3%$207,000$180,70014.6%
Hills12-50%$207,000$165,50025.1%
Lone Tree42100%$140,500$168,500-16.6%
University Heights03-100%$0$235,000-100%

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