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Tuesday, November 26, 2024

University Heights home prices rise in 2017

Realestate4

The median sale price of a home sold in 2017 in University Heights rose by $32,000 while total sales increased by 20.5%, according to BlockShopper.com.

From January through December of 2017, there were 47 homes sold, with a median sale price of $272,000 - a 13.3% increase over the $240,000 median sale price for the previous year. There were 39 homes sold in University Heights in 2016.

The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 1.6% of the median home sale price for 2017.

The following table compares University Heights 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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