From July through September of 2019, there were 10 homes sold, with a median sale price of $150,500 - a 3.4% decrease over the $155,800 median sale price for the same period of the previous year. There were 10 homes sold in Lone Tree in the third quarter of 2018, as well.
The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.4% of the median home sale price for the third quarter of 2019.
The following table compares Lone Tree to other Johnson County cities in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 28 | 16 | 75% | $420,000 | $360,000 | 16.7% |
| University Heights | 15 | 16 | -6.3% | $255,000 | $338,750 | -24.7% |
| Tiffin | 30 | 16 | 87.5% | $205,500 | $223,750 | -8.2% |
| Coralville | 123 | 120 | 2.5% | $202,990 | $225,750 | -10.1% |
| North Liberty | 135 | 132 | 2.3% | $200,000 | $197,950 | 1% |
| Lone Tree | 10 | 10 | 0% | $150,500 | $155,800 | -3.4% |
| Hills | 2 | 2 | 0% | $149,500 | $115,000 | 30% |
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