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Friday, November 22, 2024

University Heights home prices rise in the third quarter of 2018

Realestate3

The median sale price of a home sold in the third quarter of 2018 in University Heights rose by $100,750 while total sales decreased by 5.9%, according to BlockShopper.com.

From July through September of 2018, there were 16 homes sold, with a median sale price of $338,750 - a 42.3% increase over the $238,000 median sale price for the same period of the previous year. There were 17 homes sold in University Heights in the third quarter of 2017.

The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 1.3% of the median home sale price for the third quarter of 2018.

The following table compares University Heights 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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