The median sale price of a home sold in the second quarter of 2017 in University Heights rose by $12,250 while total sales increased by 12.5%, according to BlockShopper.com.
From April through June of 2017, there were 18 homes sold, with a median sale price of $253,500 – a 5.1% increase over the $241,250 median sale price for the same period of the previous year. There were 16 homes sold in University Heights in the second quarter 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 second quarter of 2017.
The following table compares University Heights to other Johnson County cities in the second quarter of 2017:
| City | Apr. – June 2017 Home Sales | Apr. – June 2016 Home Sales | % change (Total Home Sales) | Apr. – June 2017 Median Sales Price | Apr. – June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iowa City | 26 | 20 | 30% | $467,450 | $325,000 | 43.8% |
| University Heights | 18 | 16 | 12.5% | $253,500 | $241,250 | 5.1% |
| Coralville | 172 | 169 | 1.8% | $225,000 | $217,000 | 3.7% |
| North Liberty | 185 | 201 | -8% | $198,500 | $210,000 | -5.5% |
| Hills | 7 | 4 | 75% | $186,000 | $183,750 | 1.2% |
| Tiffin | 37 | 53 | -30.2% | $185,000 | $194,900 | -5.1% |
| Lone Tree | 14 | 6 | 133.3% | $128,000 | $125,500 | 2% |
