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Sunday, November 24, 2024

Lincoln home prices fall in February 2018

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The median sale price of a home sold in February 2018 in Lincoln fell by $15,000 while total sales increased by 18.8%, according to BlockShopper.com.

In February 2018, there were 19 homes sold, with a median sale price of $75,000 - a 16.7% decrease over the $90,000 median sale price for the same period of the previous year. There were 16 homes sold in Lincoln in February 2017.

The median sales tax in Lincoln for the most recent year with available data, 2017, was $1,814, approximately 2.4% of the median home sale price for February 2018.

The following table compares Lincoln to other Logan County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Atlanta330%$97,900$23,000325.7%
Emden20-$93,750$0-
Lincoln191618.8%$75,000$90,000-16.7%
Elkhart21100%$66,000$8,000725%
New Holland10-$20,000$0-
Hartsburg10-$15,000$0-
Latham110%$10,000$15,000-33.3%
Mount Pulaski01-100%$0$92,500-100%
Middletown00-$0$0-

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