From January through March of 2017, there were three homes sold, with a median sale price of $240,000 - a 100% increase over the $120,000 median sale price for the same period of the previous year. There were seven homes sold in Lone Tree in the first quarter of 2016.
The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 0.9% of the median home sale price for the first quarter of 2017.
The following table compares Lone Tree 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% |
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