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Saturday, September 21, 2024

Lone Tree home prices rise in the third quarter of 2018

Realestate4

The median sale price of a home sold in the third quarter of 2018 in Lone Tree rose by $800 while total sales increased by 11.1%, according to BlockShopper.com.

From July through September of 2018, there were 10 homes sold, with a median sale price of $155,800 - a 0.5% increase over the $155,000 median sale price for the same period of the previous year. There were nine homes sold in Lone Tree in the third quarter of 2017.

The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.3% of the median home sale price for the third quarter of 2018.

The following table compares Lone Tree to other Johnson County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Iowa City1628-42.9%$360,000$349,2503.1%
University Heights1617-5.9%$338,750$238,00042.3%
Coralville120146-17.8%$225,750$201,50012%
Tiffin1634-52.9%$223,750$207,4507.9%
North Liberty1321320%$197,950$199,200-0.6%
Lone Tree10911.1%$155,800$155,0000.5%
Hills21100%$115,000$137,500-16.4%

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