The median sale price of a home sold in the first half of 2017 in University Heights rose by $6,000 while total sales increased by 17.6%, according to BlockShopper.com.
From January through June of 2017, there were 20 homes sold, with a median sale price of $256,000 – a 2.4% increase over the $250,000 median sale price for the same period of the previous year. There were 17 homes sold in University Heights in the first half of 2016.
The median sales tax in University Heights for the most recent year with available data, 2016, was $4,236, approximately 1.7% of the median home sale price for the first half of 2017.
The following table compares University Heights to other Johnson County cities in the first half of 2017:
| City | Jan. – June 2017 Home Sales | Jan. – June 2016 Home Sales | % change (Total Home Sales) | Jan. – June 2017 Median Sales Price | Jan. – June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 40 | 38 | 5.3% | $392,500 | $332,450 | 18.1% |
| University Heights | 20 | 17 | 17.6% | $256,000 | $250,000 | 2.4% |
| Coralville | 237 | 227 | 4.4% | $225,000 | $217,000 | 3.7% |
| North Liberty | 257 | 282 | -8.9% | $195,000 | $203,000 | -3.9% |
| Tiffin | 53 | 70 | -24.3% | $185,000 | $194,900 | -5.1% |
| Hills | 9 | 10 | -10% | $175,000 | $177,500 | -1.4% |
| Lone Tree | 17 | 13 | 30.8% | $128,000 | $125,000 | 2.4% |
