Home prices decreased in Lincoln during November 2020

Home prices decreased in Lincoln during November 2020
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The median sale price of a home sold in November 2020 in Lincoln fell by $30,000 while total sales increased by 8.7%, according to BlockShopper.com.

In November 2020, there were 25 homes sold, with a median sale price of $90,000 – a 25% decrease over the $120,000 median sale price for the same period of the previous year. There were 23 homes sold in Lincoln in November 2019.

The median sales tax in Lincoln for the most recent year with available data, 2019, was $1,863, approximately 2.1% of the median home sale price for November 2020.

The following table compares Lincoln to other Logan County cities in November 2020:

City Nov. 2020 Home Sales Nov. 2019 Home Sales % change (Total Home Sales) Nov. 2020 Median Sales Price Nov. 2019 Median Sales Price % change (Median Sales Price)
Elkhart 1 1 0% $146,000 $144,000 1.4%
Atlanta 4 6 -33.3% $113,775 $63,500 79.2%
Lincoln 25 23 8.7% $90,000 $120,000 -25%
Mount Pulaski 5 2 150% $82,000 $53,950 52%
Middletown 1 0 – $45,000 $0 –
Hartsburg 0 0 – $0 $0 –
New Holland 0 0 – $0 $0 –
Latham 0 0 – $0 $0 –
Emden 0 2 -100% $0 $150,500 -100%


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