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Monday, November 18, 2019

Dubuque home prices rise in the first quarter of 2017

Real Estate

By Local Labs News Service | Apr 7, 2017

Realestate4

The median sale price of a home sold in the first quarter of 2017 in Dubuque rose by $3,900 while total sales increased by 23.3%, according to BlockShopper.com.

From January through March of 2017, there were 217 homes sold, with a median sale price of $119,900 - a 3.4% increase over the $116,001 median sale price for the same period of the previous year. There were 176 homes sold in Dubuque in the first quarter of 2016.

The median sales tax in Dubuque for 2017 was $2,385. In 2016, the median sales tax was $2,324. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Dubuque to other Dubuque County cities in the first quarter of 2017:

City
Jan. - Mar. 2017 Home Sales
Jan. - Mar. 2016 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2017 Median Sales Price
Jan. - Mar. 2016 Median Sales Price
% change (Median Sales Price)
Peosta
8
10
-20%
$245,000
$197,500
24.1%
Asbury
16
36
-55.6%
$238,250
$221,250
7.7%
Dyersville
15
16
-6.3%
$180,000
$125,000
44%
Cascade
9
11
-18.2%
$151,000
$141,000
7.1%
Farley
3
2
50%
$150,000
$53,550
180.1%
Epworth
6
8
-25%
$147,500
$149,200
-1.1%
Holy Cross
1
0
-
$140,000
$0
-
New Vienna
2
2
0%
$131,500
$64,000
105.5%
Dubuque
217
176
23.3%
$119,900
$116,000.50
3.4%
Luxemburg
2
1
100%
$99,900
$115,000
-13.1%
Worthington
1
1
0%
$90,000
$75,000
20%
Balltown
0
1
-100%
$0
$145,000
-100%

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