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Hawkeye Reporter

Wednesday, November 6, 2024

North Liberty home prices fall in the second quarter of 2020

Realestate1

The median sale price of a home sold in the second quarter of 2020 in North Liberty fell by $5,000 while total sales decreased by 4.7%, according to BlockShopper.com.

From April through June of 2020, there were 141 homes sold, with a median sale price of $205,000 - a 2.4% decrease over the $210,000 median sale price for the same period of the previous year. There were 148 homes sold in North Liberty in the second quarter of 2019.

The median sales tax in North Liberty for the most recent year with available data, 2016, was $3,066, approximately 1.5% of the median home sale price for the second quarter of 2020.

The following table compares North Liberty to other Johnson County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
University Heights919-52.6%$270,000$239,90012.5%
Tiffin1724-29.2%$258,500$200,50028.9%
Coralville117153-23.5%$244,900$220,00011.3%
Iowa City383444-13.7%$235,000$228,0003.1%
North Liberty141148-4.7%$205,000$210,000-2.4%
Lone Tree56-16.7%$186,000$162,50014.5%
Hills4333.3%$160,500$169,000-5%

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