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Friday, November 22, 2024

Coralville home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Coralville fell by $21,000 while total sales decreased by 15.1%, according to BlockShopper.com.

From April through June of 2018, there were 146 homes sold, with a median sale price of $204,000 - a 9.3% decrease over the $225,000 median sale price for the same period of the previous year. There were 172 homes sold in Coralville in the second quarter of 2017.

The median sales tax in Coralville for the most recent year with available data, 2016, was $3,072, approximately 1.5% of the median home sale price for the second quarter of 2018.

The following table compares Coralville to other Johnson County cities in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Iowa City1826-30.8%$412,500$467,450-11.8%
University Heights818-55.6%$263,500$253,5003.9%
North Liberty128185-30.8%$211,500$198,5006.5%
Tiffin2337-37.8%$210,000$185,00013.5%
Coralville146172-15.1%$204,000$225,000-9.3%
Hills47-42.9%$160,000$186,000-14%
Lone Tree1314-7.1%$147,000$128,00014.8%

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