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Sunday, November 24, 2024

Lanark home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Lanark fell by $46,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In June 2019, there were two homes sold, with a median sale price of $36,500 - a 56.2% decrease over the $83,250 median sale price for the same period of the previous year. There were two homes sold in Lanark in June 2018, as well.

The median sales tax in Lanark for the most recent year with available data, 2018, was $1,515, approximately 4.2% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Shannon21100%$81,500$61,90031.7%
Chadwick20-$55,250$0-
Mount Carroll23-33.3%$48,000$60,000-20%
Savanna78-12.5%$40,000$30,50031.1%
Lanark220%$36,500$83,250-56.2%
Thomson00-$0$0-
Milledgeville02-100%$0$77,000-100%

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