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Tuesday, November 26, 2024

North Liberty home prices fall in 2017

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The median sale price of a home sold in 2017 in North Liberty fell by $1,000 while total sales decreased by 11.1%, according to BlockShopper.com.

From January through December of 2017, there were 479 homes sold, with a median sale price of $193,000 - a 0.5% decrease over the $194,000 median sale price for the previous year. There were 539 homes sold in North Liberty in 2016.

The median sales tax in North Liberty for the most recent year with available data, 2016, was $3,066, approximately 1.6% of the median home sale price for 2017.

The following table compares North Liberty 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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