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Tuesday, November 26, 2024

University Heights home prices rise in December 2017

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The median sale price of a home sold in December 2017 in University Heights rose by $298,250 while total sales decreased by 50%, according to BlockShopper.com.

In December 2017, there were three homes sold, with a median sale price of $650,000 - a 84.8% increase over the $351,750 median sale price for the same period of the previous year. There were six homes sold in University Heights in December 2016.

The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 0.7% of the median home sale price for December 2017.

The following table compares University Heights to other Johnson County cities in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
University Heights36-50%$650,000$351,75084.8%
Tiffin46-33.3%$277,950$184,90050.3%
Iowa City42100%$274,500$126,950116.2%
North Liberty332626.9%$187,500$164,25014.2%
Coralville2230-26.7%$183,500$168,2509.1%
Lone Tree05-100%$0$75,000-100%
Hills02-100%$0$158,350-100%

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