The median sale price of a home sold in the first quarter of 2017 in Hills fell by $28,800 while total sales decreased by 66.7%, according to BlockShopper.com.
From January through March of 2017, there were two homes sold, with a median sale price of $130,700 – a 18.1% decrease over the $159,500 median sale price for the same period of the previous year. There were six homes sold in Hills in the first quarter of 2016.
The median sales tax in Hills for the most recent year with available data, 2016, was $2,194, approximately 1.7% of the median home sale price for the first quarter of 2017.
The following table compares Hills to other Johnson County cities in the first quarter of 2017:
| City | Jan. – Mar. 2017 Home Sales | Jan. – Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. – Mar. 2017 Median Sales Price | Jan. – Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 14 | 18 | -22.2% | $385,450 | $349,950 | 10.1% |
| University Heights | 2 | 1 | 100% | $267,500 | $285,000 | -6.1% |
| Lone Tree | 3 | 7 | -57.1% | $240,000 | $120,000 | 100% |
| Coralville | 65 | 58 | 12.1% | $233,000 | $214,000 | 8.9% |
| Tiffin | 16 | 17 | -5.9% | $188,450 | $194,900 | -3.3% |
| North Liberty | 72 | 81 | -11.1% | $182,500 | $185,000 | -1.4% |
| Hills | 2 | 6 | -66.7% | $130,700 | $159,500 | -18.1% |
