Quantcast

NW Illinois News

Saturday, November 23, 2024

Lanark home prices rise in November 2019

Re 7

The median sale price of a home sold in November 2019 in Lanark rose by $94,500 while total sales increased by 50%, according to BlockShopper.com.

In November 2019, there were three homes sold, with a median sale price of $140,000 - a 207.7% increase over the $45,500 median sale price for the same period of the previous year. There were two homes sold in Lanark in November 2018.

The median sales tax in Lanark for the most recent year with available data, 2018, was $1,515, approximately 1.1% of the median home sale price for November 2019.

The following table compares Lanark to other Carroll County cities in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Lanark3250%$140,000$45,500207.7%
Mount Carroll12-50%$91,000$97,500-6.7%
Chadwick10-$87,500$0-
Thomson10-$84,000$0-
Savanna61500%$53,000$42,00026.2%
Milledgeville31200%$47,500$125,000-62%
Shannon12-50%$15,000$86,437.50-82.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS