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Friday, November 22, 2024

Tiffin home prices rise in the first half of 2018

Realestate2

The median sale price of a home sold in the first half of 2018 in Tiffin rose by $16,200 while total sales decreased by 17%, according to BlockShopper.com.

From January through June of 2018, there were 44 homes sold, with a median sale price of $201,200 - a 8.8% increase over the $185,000 median sale price for the same period of the previous year. There were 53 homes sold in Tiffin in the first half of 2017.

The median sales tax in Tiffin for the most recent year with available data, 2016, was $3,427, approximately 1.7% of the median home sale price for the first half of 2018.

The following table compares Tiffin 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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