Hills home prices fall in 2017

Hills home prices fall in 2017
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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:

City Jan. – Dec. 2017 Home Sales Jan. – Dec. 2016 Home Sales % change (Total Home Sales) Jan. – Dec. 2017 Median Sales Price Jan. – Dec. 2016 Median Sales Price % change (Median Sales Price)
Iowa City 83 66 25.8% $380,000 $327,450 16%
University Heights 47 39 20.5% $272,000 $240,000 13.3%
Coralville 458 460 -0.4% $215,000 $202,750 6%
North Liberty 479 539 -11.1% $193,000 $194,000 -0.5%
Tiffin 103 121 -14.9% $189,000 $198,000 -4.5%
Hills 12 23 -47.8% $157,500 $179,900 -12.5%
Lone Tree 29 35 -17.1% $150,000 $120,000 25%


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