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Hawkeye Reporter

Wednesday, November 6, 2024

Lone Tree home prices fall in April 2020

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The median sale price of a home sold in April 2020 in Lone Tree fell by $5,500 while total sales decreased by 25%, according to BlockShopper.com.

In April 2020, there were three homes sold, with a median sale price of $186,000 - a 2.9% decrease over the $191,500 median sale price for the same period of the previous year. There were four homes sold in Lone Tree in April 2019.

The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 1.1% of the median home sale price for April 2020.

The following table compares Lone Tree to other Johnson County cities in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
University Heights4333.3%$344,000$228,00050.9%
Iowa City9271214.3%$235,000$749,000-68.6%
Coralville33330%$230,000$209,9009.6%
Tiffin220%$220,950$147,75049.5%
North Liberty363020%$215,000$239,991.50-10.4%
Lone Tree34-25%$186,000$191,500-2.9%
Hills10-$165,000$0-

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