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Saturday, June 21, 2025

Lanark home prices rise in July 2020

Webp realestate4

The median sale price of a home sold in July 2020 in Lanark rose by $1,012,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In July 2020, there were two homes sold, with a median sale price of $1,048,000 - a 2873% increase over the $35,250 median sale price for the same period of the previous year. There were two homes sold in Lanark in July 2019, as well.

The median sales tax in Lanark for the most recent year with available data, 2019, was $1,503, approximately 0.1% of the median home sale price for July 2020.

The following table compares Lanark to other Carroll County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Lanark220%$1,048,000$35,2502873%
Shannon14-75%$119,500$57,250108.7%
Savanna220%$79,000$46,25070.8%
Mount Carroll61500%$62,500$220,000-71.6%
Thomson12-50%$9,000$37,500-76%
Milledgeville02-100%$0$13,750-100%
Chadwick02-100%$0$108,500-100%

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