The median sale price of a home sold in July 2017 in Lone Tree rose by $38,500 while total sales decreased by 40%, according to BlockShopper.com.
In July 2017, there were three homes sold, with a median sale price of $160,000 – a 31.7% increase over the $121,500 median sale price for the same period of the previous year. There were five homes sold in Lone Tree in July 2016.
The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.3% of the median home sale price for July 2017.
The following table compares Lone Tree to other Johnson County cities in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 12 | 6 | 100% | $290,000 | $262,500 | 10.5% |
| University Heights | 6 | 9 | -33.3% | $250,000 | $217,000 | 15.2% |
| Coralville | 70 | 65 | 7.7% | $224,250 | $197,000 | 13.8% |
| North Liberty | 57 | 69 | -17.4% | $200,000 | $195,000 | 2.6% |
| Tiffin | 9 | 8 | 12.5% | $199,605 | $332,400 | -40% |
| Lone Tree | 3 | 5 | -40% | $160,000 | $121,500 | 31.7% |
| Hills | 0 | 4 | -100% | $0 | $164,950 | -100% |
