From January through March of 2018, there were two homes sold, with a median sale price of $82,250 - a 53% increase over the $53,750 median sale price for the same period of the previous year. There were four homes sold in Lanark in the first quarter of 2017.
The median sales tax in Lanark for the most recent year with available data, 2017, was $1,506, approximately 1.8% of the median home sale price for the first quarter of 2018.
The following table compares Lanark to other Carroll County cities in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Milledgeville | 5 | 3 | 66.7% | $90,000 | $59,000 | 52.5% |
| Lanark | 2 | 4 | -50% | $82,250 | $53,750 | 53% |
| Shannon | 2 | 2 | 0% | $76,250 | $83,500 | -8.7% |
| Mount Carroll | 4 | 5 | -20% | $53,000 | $22,500 | 135.6% |
| Savanna | 5 | 11 | -54.5% | $48,000 | $49,500 | -3% |
| Thomson | 2 | 1 | 100% | $44,775 | $13,000 | 244.4% |
| Chadwick | 3 | 1 | 200% | $40,000 | $67,000 | -40.3% |
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