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Monday, October 7, 2024

Lincoln home prices rise in November 2018

Realestate5

The median sale price of a home sold in November 2018 in Lincoln rose by $13,750 while total sales increased by 144.4%, according to BlockShopper.com.

In November 2018, there were 22 homes sold, with a median sale price of $75,250 - a 22.4% increase over the $61,500 median sale price for the same period of the previous year. There were nine homes sold in Lincoln in November 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 November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Emden10-$77,000$0-
Lincoln229144.4%$75,250$61,50022.4%
Elkhart30-$72,000$0-
Mount Pulaski62200%$52,400$22,500132.9%
Latham20-$29,500$0-
Hartsburg10-$18,000$0-
Middletown10-$10,000$0-
New Holland00-$0$0-
Atlanta02-100%$0$104,500-100%

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