From January through December of 2017, there were 249 homes sold, with a median sale price of $70,000 - a 3.4% decrease over the $72,500 median sale price for the previous year. There were 289 homes sold in Lincoln in 2016.
The median sales tax in Lincoln for 2017 was $1,814. In 2016, the median sales tax was $1,817. This marks an decrease of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.
The following table compares Lincoln to other Logan County cities in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elkhart | 11 | 13 | -15.4% | $102,900 | $107,000 | -3.8% |
| Atlanta | 40 | 44 | -9.1% | $80,750 | $89,000 | -9.3% |
| Mount Pulaski | 30 | 33 | -9.1% | $72,000 | $86,900 | -17.1% |
| Lincoln | 249 | 289 | -13.8% | $70,000 | $72,500 | -3.4% |
| Middletown | 9 | 10 | -10% | $64,000 | $31,000 | 106.5% |
| Hartsburg | 2 | 2 | 0% | $49,300 | $68,500 | -28% |
| Emden | 11 | 12 | -8.3% | $48,000 | $84,750 | -43.4% |
| Latham | 7 | 3 | 133.3% | $28,500 | $23,675 | 20.4% |
| New Holland | 0 | 2 | -100% | $0 | $62,250 | -100% |
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