Quantcast

NW Illinois News

Saturday, June 21, 2025

Lanark home prices rise in September 2020

Webp re 4

The median sale price of a home sold in September 2020 in Lanark rose by $11,250 while total sales decreased by 25%, according to BlockShopper.com.

In September 2020, there were three homes sold, with a median sale price of $83,000 - a 15.7% increase over the $71,750 median sale price for the same period of the previous year. There were four homes sold in Lanark in September 2019.

The median sales tax in Lanark for the most recent year with available data, 2019, was $1,503, approximately 1.8% of the median home sale price for September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Thomson10-$121,500$0-
Shannon12-50%$89,900$29,000210%
Lanark34-25%$83,000$71,75015.7%
Chadwick20-$61,250$0-
Savanna73133.3%$30,000$50,000-40%
Mount Carroll440%$19,750$67,500-70.7%
Milledgeville02-100%$0$69,150-100%

MORE NEWS