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Monday, November 25, 2024

Lincoln home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Lincoln fell by $1,879 while total sales increased by 33.3%, according to BlockShopper.com.

In July 2018, there were 24 homes sold, with a median sale price of $75,472 - a 2.4% decrease over the $77,350 median sale price for the same period of the previous year. There were 18 homes sold in Lincoln in July 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 July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Mount Pulaski41300%$87,450$99,000-11.7%
Atlanta220%$76,090$133,950-43.2%
Lincoln241833.3%$75,471.50$77,350-2.4%
New Holland10-$45,000$0-
Latham110%$37,500$60,000-37.5%
Hartsburg10-$20,000$0-
Middletown10-$10,000$0-
Elkhart00-$0$0-
Emden02-100%$0$120,300-100%

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