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Friday, November 15, 2024

University Heights home prices fall in July 2019

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The median sale price of a home sold in July 2019 in University Heights fell by $67,500 while total sales decreased by 9.1%, according to BlockShopper.com.

In July 2019, there were 10 homes sold, with a median sale price of $272,500 - a 19.9% decrease over the $340,000 median sale price for the same period of the previous year. There were 11 homes sold in University Heights in July 2018.

The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 1.6% of the median home sale price for July 2019.

The following table compares University Heights to other Johnson County cities in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Iowa City8633.3%$408,250$274,50048.7%
University Heights1011-9.1%$272,500$340,000-19.9%
North Liberty614341.9%$209,000$197,0006.1%
Tiffin9728.6%$201,000$232,000-13.4%
Coralville4142-2.4%$196,500$231,750-15.2%
Lone Tree35-40%$179,000$132,50035.1%
Hills110%$163,000$80,000103.8%

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