In May 2020, there were 17 homes sold, with a median sale price of $74,500 - a 12% decrease over the $84,700 median sale price for the same period of the previous year. There were 27 homes sold in Lincoln in May 2019.
The median sales tax in Lincoln for the most recent year with available data, 2019, was $1,863, approximately 2.5% of the median home sale price for May 2020.
The following table compares Lincoln to other Logan County cities in May 2020:
City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Elkhart | 1 | 2 | -50% | $122,000 | $78,200 | 56% |
Atlanta | 5 | 3 | 66.7% | $98,000 | $135,000 | -27.4% |
Lincoln | 17 | 27 | -37% | $74,500 | $84,700 | -12% |
Mount Pulaski | 1 | 3 | -66.7% | $69,000 | $49,500 | 39.4% |
Emden | 2 | 0 | - | $67,045 | $0 | - |
Middletown | 0 | 0 | - | $0 | $0 | - |
Hartsburg | 0 | 1 | -100% | $0 | $82,000 | -100% |
New Holland | 0 | 0 | - | $0 | $0 | - |
Latham | 0 | 0 | - | $0 | $0 | - |