From October to December, 63 homes sold in Lincoln for a median price of $70,000. That's 37.3 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Lincoln.
Median property tax for homeowners in Lincoln was $1,515.30 in 2017 according to tax data from that year. That means homeowners pay 3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Lincoln real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
59
$80,730
-
2010
49
$68,400
-15.3%
2011
39
$75,710
10.7%
2012
49
$57,770
-23.7%
2013
62
$56,970
-1.4%
2014
52
$76,797
34.8%
2015
48
$54,325
-29.3%
2016
58
$66,675
22.7%
2017
50
$51,000
-23.5%
2018
63
$70,000
37.3%
Median property tax
Median sale price
Effective property tax rate
2009
$2,184.85
$80,730
2.7%
2010
$2,240.48
$68,400
3.3%
2011
$2,176.25
$75,710
2.9%
2012
$2,287.62
$57,770
4%
2013
$2,058.01
$56,970
3.6%
2014
$1,917.38
$76,797
2.5%
2015
$2,341.64
$54,325
4.3%
2016
$1,588.92
$66,675
2.4%
2017
$1,515.30
$51,000
3%
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