In August 2020, there were five homes sold, with a median sale price of $87,100 - a 31.7% decrease over the $127,500 median sale price for the same period of the previous year. There were five homes sold in Lone Tree in August 2019, as well.
The median sales tax in Lone Tree for the most recent year with available data, 2016, was $2,094, approximately 2.4% of the median home sale price for August 2020.
The following table compares Lone Tree to other Johnson County cities in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tiffin | 12 | 9 | 33.3% | $270,000 | $195,000 | 38.5% |
| Hills | 1 | 2 | -50% | $270,000 | $169,250 | 59.5% |
| University Heights | 3 | 3 | 0% | $253,000 | $225,000 | 12.4% |
| Iowa City | 151 | 116 | 30.2% | $229,900 | $232,000 | -0.9% |
| Coralville | 53 | 49 | 8.2% | $210,000 | $230,000 | -8.7% |
| North Liberty | 44 | 43 | 2.3% | $191,000 | $199,000 | -4% |
| Lone Tree | 5 | 5 | 0% | $87,100 | $127,500 | -31.7% |
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