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Sunday, May 19, 2024

Tiffin home prices rise in August 2020

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The median sale price of a home sold in August 2020 in Tiffin rose by $75,000 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2020, there were 12 homes sold, with a median sale price of $270,000 - a 38.5% increase over the $195,000 median sale price for the same period of the previous year. There were nine homes sold in Tiffin in August 2019.

The median sales tax in Tiffin for the most recent year with available data, 2016, was $3,427, approximately 1.3% of the median home sale price for August 2020.

The following table compares Tiffin to other Johnson County cities in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Tiffin12933.3%$270,000$195,00038.5%
Hills12-50%$270,000$169,25059.5%
University Heights330%$253,000$225,00012.4%
Iowa City15111630.2%$229,900$232,000-0.9%
Coralville53498.2%$210,000$230,000-8.7%
North Liberty44432.3%$191,000$199,000-4%
Lone Tree550%$87,100$127,500-31.7%

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