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Wednesday, November 27, 2024

Lincoln home prices rise in 2018

Realestate4

The median sale price of a home sold in 2018 in Lincoln rose by $1,472 while total sales increased by 9.2%, according to BlockShopper.com.

From January through December of 2018, there were 272 homes sold, with a median sale price of $71,472 - a 2.1% increase over the $70,000 median sale price for the previous year. There were 249 homes sold in Lincoln in 2017.

The median sales tax in Lincoln for the most recent year with available data, 2017, was $1,814, approximately 2.5% of the median home sale price for 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Atlanta3640-10%$91,450$80,75013.3%
Elkhart131118.2%$85,000$102,900-17.4%
Mount Pulaski373023.3%$77,500$72,0007.6%
Lincoln2722499.2%$71,471.50$70,0002.1%
Emden1011-9.1%$62,250$48,00029.7%
New Holland60-$56,500$0-
Hartsburg82300%$30,000$49,300-39.1%
Latham8714.3%$23,250$28,500-18.4%
Middletown59-44.4%$10,000$64,000-84.4%

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