Tiffin home prices fall in May 2017

Tiffin home prices fall in May 2017
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The median sale price of a home sold in May 2017 in Tiffin fell by $34,950 while total sales decreased by 40%, according to BlockShopper.com.

In May 2017, there were 12 homes sold, with a median sale price of $177,450 – a 16.5% decrease over the $212,400 median sale price for the same period of the previous year. There were 20 homes sold in Tiffin in May 2016.

The median sales tax in Tiffin for the most recent year with available data, 2016, was $3,427, approximately 1.9% of the median home sale price for May 2017.

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

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Iowa City 10 4 150% $467,450 $504,000 -7.3%
University Heights 4 6 -33.3% $245,950 $230,000 6.9%
Coralville 62 49 26.5% $225,750 $235,000 -3.9%
Hills 1 2 -50% $198,500 $184,000 7.9%
Tiffin 12 20 -40% $177,450 $212,400 -16.5%
North Liberty 46 53 -13.2% $173,000 $199,500 -13.3%
Lone Tree 4 3 33.3% $146,500 $125,000 17.2%


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