The median sale price of a home sold in the second quarter of 2017 in Iowa City rose by $142,450 while total sales increased by 30%, according to BlockShopper.com.
From April through June of 2017, there were 26 homes sold, with a median sale price of $467,450 – a 43.8% increase over the $325,000 median sale price for the same period of the previous year. There were 20 homes sold in Iowa City in the second quarter of 2016.
The following table compares Iowa City to other Johnson County cities in the second quarter of 2017:
| City | Apr. – June 2017 Home Sales | Apr. – June 2016 Home Sales | % change (Total Home Sales) | Apr. – June 2017 Median Sales Price | Apr. – June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 26 | 20 | 30% | $467,450 | $325,000 | 43.8% |
| University Heights | 18 | 16 | 12.5% | $253,500 | $241,250 | 5.1% |
| Coralville | 172 | 169 | 1.8% | $225,000 | $217,000 | 3.7% |
| North Liberty | 185 | 201 | -8% | $198,500 | $210,000 | -5.5% |
| Hills | 7 | 4 | 75% | $186,000 | $183,750 | 1.2% |
| Tiffin | 37 | 53 | -30.2% | $185,000 | $194,900 | -5.1% |
| Lone Tree | 14 | 6 | 133.3% | $128,000 | $125,500 | 2% |
