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Tuesday, November 5, 2024

Lincoln home prices fall in February 2019

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The median sale price of a home sold in February 2019 in Lincoln fell by $6,350 while total sales increased by 5.3%, according to BlockShopper.com.

In February 2019, there were 20 homes sold, with a median sale price of $68,650 - a 8.5% decrease over the $75,000 median sale price for the same period of the previous year. There were 19 homes sold in Lincoln in February 2018.

The median sales tax in Lincoln for the most recent year with available data, 2017, was $1,814, approximately 2.6% of the median home sale price for February 2019.

The following table compares Lincoln to other Logan County cities in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Emden12-50%$98,000$93,7504.5%
Mount Pulaski20-$73,200$0-
Lincoln20195.3%$68,650$75,000-8.5%
New Holland110%$39,215$20,00096.1%
Atlanta330%$35,000$97,900-64.2%
Elkhart12-50%$7,500$66,000-88.6%
Hartsburg01-100%$0$15,000-100%
Latham01-100%$0$10,000-100%
Middletown00-$0$0-

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