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Saturday, November 23, 2024

Iowa City home prices fall in August 2020

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The median sale price of a home sold in August 2020 in Iowa City fell by $2,100 while total sales increased by 30.2%, according to BlockShopper.com.

In August 2020, there were 151 homes sold, with a median sale price of $229,900 - a 0.9% decrease over the $232,000 median sale price for the same period of the previous year. There were 116 homes sold in Iowa City in August 2019.

The following table compares Iowa City to other Johnson County cities in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Tiffin12933.3%$270,000$195,00038.5%
Hills12-50%$270,000$169,25059.5%
University Heights330%$253,000$225,00012.4%
Iowa City15111630.2%$229,900$232,000-0.9%
Coralville53498.2%$210,000$230,000-8.7%
North Liberty44432.3%$191,000$199,000-4%
Lone Tree550%$87,100$127,500-31.7%

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