Tiffin home prices fall in August 2017

Tiffin home prices fall in August 2017
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The median sale price of a home sold in August 2017 in Tiffin fell by $50,600 while total sales increased by 88.9%, according to BlockShopper.com.

In August 2017, there were 17 homes sold, with a median sale price of $227,900 – a 18.2% decrease over the $278,500 median sale price for the same period of the previous year. There were nine homes sold in Tiffin in August 2016.

The median sales tax in Tiffin for the most recent year with available data, 2016, was $3,427, approximately 1.5% of the median home sale price for August 2017.

The following table compares Tiffin to other Johnson County cities in August 2017:

City Aug. 2017 Home Sales Aug. 2016 Home Sales % change (Total Home Sales) Aug. 2017 Median Sales Price Aug. 2016 Median Sales Price % change (Median Sales Price)
Iowa City 8 6 33.3% $387,500 $336,000 15.3%
Coralville 49 48 2.1% $234,000 $173,750 34.7%
Tiffin 17 9 88.9% $227,900 $278,500 -18.2%
North Liberty 50 62 -19.4% $199,950 $196,250 1.9%
Lone Tree 1 4 -75% $173,000 $112,000 54.5%
Hills 1 3 -66.7% $137,500 $181,750 -24.3%
University Heights 5 5 0% $125,000 $228,000 -45.2%


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