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Tuesday, November 26, 2024

Coralville home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Coralville rose by $500 while total sales decreased by 5.2%, according to BlockShopper.com.

From July through December of 2017, there were 221 homes sold, with a median sale price of $195,000 - a 0.3% increase over the $194,500 median sale price for the same period of the previous year. There were 233 homes sold in Coralville in the second half of 2016.

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 second half of 2017.

The following table compares Coralville to other Johnson County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Iowa City432853.6%$330,000$320,0003.1%
University Heights272222.7%$285,000$235,00021.3%
Tiffin5051-2%$199,900$210,000-4.8%
Coralville221233-5.2%$195,000$194,5000.3%
North Liberty222257-13.6%$188,200$190,000-0.9%
Lone Tree1222-45.5%$153,500$102,50049.8%
Hills313-76.9%$137,500$179,900-23.6%

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