In July 2018, there were three homes sold, with a median sale price of $44,000 - a 54.9% decrease over the $97,500 median sale price for the same period of the previous year. There were five homes sold in Lanark in July 2017.
The median sales tax in Lanark for the most recent year with available data, 2017, was $1,506, approximately 3.4% of the median home sale price for July 2018.
The following table compares Lanark to other Carroll County cities in July 2018:
| City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lanark | 3 | 5 | -40% | $44,000 | $97,500 | -54.9% |
| Mount Carroll | 1 | 3 | -66.7% | $32,000 | $68,500 | -53.3% |
| Thomson | 0 | 0 | - | $0 | $0 | - |
| Milledgeville | 0 | 2 | -100% | $0 | $88,000 | -100% |
| Chadwick | 0 | 1 | -100% | $0 | $90,000 | -100% |
| Savanna | 0 | 3 | -100% | $0 | $60,000 | -100% |
| Shannon | 0 | 1 | -100% | $0 | $35,000 | -100% |
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