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Tuesday, November 26, 2024

Hills home prices fall in 2017

Realestate1

The median sale price of a home sold in 2017 in Hills fell by $22,400 while total sales decreased by 47.8%, according to BlockShopper.com.

From January through December of 2017, there were 12 homes sold, with a median sale price of $157,500 - a 12.5% decrease over the $179,900 median sale price for the previous year. There were 23 homes sold in Hills in 2016.

The median sales tax in Hills for the most recent year with available data, 2016, was $2,194, approximately 1.4% of the median home sale price for 2017.

The following table compares Hills to other Johnson County cities in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Iowa City836625.8%$380,000$327,45016%
University Heights473920.5%$272,000$240,00013.3%
Coralville458460-0.4%$215,000$202,7506%
North Liberty479539-11.1%$193,000$194,000-0.5%
Tiffin103121-14.9%$189,000$198,000-4.5%
Hills1223-47.8%$157,500$179,900-12.5%
Lone Tree2935-17.1%$150,000$120,00025%

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