North Liberty home prices fall in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in North Liberty fell by $3,000 while total sales decreased by 2%, according to

From January through June of 2020, there were 199 homes sold, with a median sale price of $205,000 - a 1.4% decrease over the $208,000 median sale price for the same period of the previous year. There were 203 homes sold in North Liberty in the first half 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 first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
University Heights1120-45%$253,000$239,9505.4%
Iowa City592626-5.4%$229,950$226,5001.5%
North Liberty199203-2%$205,000$208,000-1.4%
Lone Tree151315.4%$145,000$140,0003.6%

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