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Tuesday, November 26, 2024

Tiffin home prices fall 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 Tiffin fell by $10,100 while total sales decreased by 2%, according to BlockShopper.com.

From July through December of 2017, there were 50 homes sold, with a median sale price of $199,900 - a 4.8% decrease over the $210,000 median sale price for the same period of the previous year. There were 51 homes sold in Tiffin in the second half of 2016.

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 second half of 2017.

The following table compares Tiffin 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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