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Friday, November 22, 2024

North Liberty home prices fall in the third quarter of 2018

Realestate2

The median sale price of a home sold in the third quarter of 2018 in North Liberty fell by $1,250 while total sales remained unchanged with 132 homes sold, according to BlockShopper.com.

From July through September of 2018, there were 132 homes sold, with a median sale price of $197,950 - a 0.6% decrease over the $199,200 median sale price for the same period of the previous year. There were 132 homes sold in North Liberty in the third quarter of 2017, as well.

The median sales tax in North Liberty for the most recent year with available data, 2016, was $3,066, approximately 1.5% of the median home sale price for the third quarter of 2018.

The following table compares North Liberty 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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