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Friday, November 22, 2024

Lone Tree home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Lone Tree fell by $35,750 while total sales increased by 150%, according to BlockShopper.com.

In August 2019, there were five homes sold, with a median sale price of $127,500 - a 21.9% decrease over the $163,250 median sale price for the same period of the previous year. There were two homes sold in Lone Tree in August 2018.

The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.6% of the median home sale price for August 2019.

The following table compares Lone Tree to other Johnson County cities in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Iowa City9650%$399,900$401,000-0.3%
Coralville4445-2.2%$231,750$216,5007%
Tiffin9650%$230,000$180,00027.8%
University Heights35-40%$225,000$260,000-13.5%
North Liberty4047-14.9%$200,000$196,5001.8%
Hills110%$136,000$150,000-9.3%
Lone Tree52150%$127,500$163,250-21.9%

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