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Monday, November 4, 2024

Coralville home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Coralville rose by $31,500 while total sales increased by 8.3%, according to BlockShopper.com.

From July through September of 2020, there were 144 homes sold, with a median sale price of $236,500 - a 15.4% increase over the $205,000 median sale price for the same period of the previous year. There were 133 homes sold in Coralville in the third quarter of 2019.

The median sales tax in Coralville for the most recent year with available data, 2016, was $3,072, approximately 1.3% of the median home sale price for the third quarter of 2020.

The following table compares Coralville to other Johnson County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
University Heights916-43.8%$257,000$262,500-2.1%
Tiffin32306.7%$246,850$201,50022.5%
Coralville1441338.3%$236,500$205,00015.4%
Iowa City365394-7.4%$235,000$230,0002.2%
Hills23-33.3%$229,500$163,00040.8%
North Liberty129145-11%$213,000$200,0006.5%
Lone Tree811-27.3%$136,750$146,000-6.3%

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