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Saturday, November 23, 2024

Coralville home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Coralville fell by $22,760 while total sales increased by 2.5%, according to BlockShopper.com.

From July through September of 2019, there were 123 homes sold, with a median sale price of $202,990 - a 10.1% decrease over the $225,750 median sale price for the same period of the previous year. There were 120 homes sold in Coralville in the third quarter of 2018.

The median sales tax in Coralville for the most recent year with available data, 2016, was $3,072, approximately 1.5% of the median home sale price for the third quarter of 2019.

The following table compares Coralville to other Johnson County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Iowa City281675%$420,000$360,00016.7%
University Heights1516-6.3%$255,000$338,750-24.7%
Tiffin301687.5%$205,500$223,750-8.2%
Coralville1231202.5%$202,990$225,750-10.1%
North Liberty1351322.3%$200,000$197,9501%
Lone Tree10100%$150,500$155,800-3.4%
Hills220%$149,500$115,00030%

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