Quantcast

Sangamon Sun

Wednesday, November 27, 2024

Lincoln home prices fall in the second half of 2018

Re 11

The median sale price of a home sold in the second half of 2018 in Lincoln fell by $1,050 while total sales increased by 8.3%, according to BlockShopper.com.

From July through December of 2018, there were 130 homes sold, with a median sale price of $70,000 - a 1.5% decrease over the $71,050 median sale price for the same period of the previous year. There were 120 homes sold in Lincoln in the second half of 2017.

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 the second half of 2018.

The following table compares Lincoln to other Logan County cities in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Mount Pulaski241384.6%$76,250$65,00017.3%
Atlanta181612.5%$74,250$85,250-12.9%
Elkhart52150%$72,000$43,50065.5%
Lincoln1301208.3%$70,000$71,050-1.5%
Emden6520%$62,250$122,750-49.3%
Hartsburg40-$43,062.50$0-
Latham4333.3%$29,500$60,000-50.8%
New Holland20-$25,000$0-
Middletown28-75%$10,000$54,500-81.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS