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Monday, May 5, 2025

The third quarter of 2020: Home prices in Lincoln increased

Webp re 10

The median sale price of a home sold in the third quarter of 2020 in Lincoln rose by $13,700 while total sales decreased by 13%, according to BlockShopper.com.

From July through September of 2020, there were 60 homes sold, with a median sale price of $89,900 - a 18% increase over the $76,200 median sale price for the same period of the previous year. There were 69 homes sold in Lincoln in the third quarter of 2019.

The median sales tax in Lincoln for the most recent year with available data, 2019, was $1,863, approximately 2.1% of the median home sale price for the third quarter of 2020.

The following table compares Lincoln to other Logan County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Hartsburg35-40%$143,000$37,000286.5%
Elkhart41300%$130,450$90,00044.9%
Atlanta13130%$103,000$75,00037.3%
Latham21100%$95,500$20,000377.5%
Mount Pulaski880%$89,950$74,50020.7%
Lincoln6069-13%$89,900$76,20018%
Emden71600%$76,775$55,00039.6%
New Holland23-33.3%$73,000$104,000-29.8%
Middletown42100%$49,450$21,400131.1%

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