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Friday, November 22, 2024

Coralville home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Coralville fell by $27,000 while total sales decreased by 14.3%, according to BlockShopper.com.

From January through June of 2018, there were 203 homes sold, with a median sale price of $198,000 - a 12% decrease over the $225,000 median sale price for the same period of the previous year. There were 237 homes sold in Coralville in the first half of 2017.

The median sales tax in Coralville for the most recent year with available data, 2016, was $3,072, approximately 1.6% of the median home sale price for the first half of 2018.

The following table compares Coralville to other Johnson County cities in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Iowa City2940-27.5%$403,000$392,5002.7%
University Heights1120-45%$276,000$256,0007.8%
North Liberty213257-17.1%$203,000$195,0004.1%
Tiffin4453-17%$201,200$185,0008.8%
Coralville203237-14.3%$198,000$225,000-12%
Hills990%$175,000$175,0000%
Lone Tree17170%$162,000$128,00026.6%

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