The median sale price of a home sold in the second half of 2017 in Lone Tree rose by $51,000 while total sales decreased by 45.5%, according to BlockShopper.com.
From July through December of 2017, there were 12 homes sold, with a median sale price of $153,500 – a 49.8% increase over the $102,500 median sale price for the same period of the previous year. There were 22 homes sold in Lone Tree in the second half of 2016.
The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.4% of the median home sale price for the second half of 2017.
The following table compares Lone Tree to other Johnson County cities in the second half of 2017:
| City | July – Dec. 2017 Home Sales | July – Dec. 2016 Home Sales | % change (Total Home Sales) | July – Dec. 2017 Median Sales Price | July – Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 43 | 28 | 53.6% | $330,000 | $320,000 | 3.1% |
| University Heights | 27 | 22 | 22.7% | $285,000 | $235,000 | 21.3% |
| Tiffin | 50 | 51 | -2% | $199,900 | $210,000 | -4.8% |
| Coralville | 221 | 233 | -5.2% | $195,000 | $194,500 | 0.3% |
| North Liberty | 222 | 257 | -13.6% | $188,200 | $190,000 | -0.9% |
| Lone Tree | 12 | 22 | -45.5% | $153,500 | $102,500 | 49.8% |
| Hills | 3 | 13 | -76.9% | $137,500 | $179,900 | -23.6% |
