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Friday, June 20, 2025

Lanark home prices fell in July 2021

Webp re 10

The median sale price of a home sold in July 2021 in Lanark fell by $966,500 while total sales increased by 350%, according to BlockShopper.com.

In July 2021, there were nine homes sold, with a median sale price of $81,500 - a 92.2% decrease over the $1,048,000 median sale price for the same period of the previous year. There were two homes sold in Lanark in July 2020.

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 July 2021.

The following table compares Lanark to other Carroll County cities in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Thomson110%$170,000$9,0001788.9%
Mount Carroll26-66.7%$150,000$62,500140%
Milledgeville30-$130,000$0-
Lanark92350%$81,500$1,048,000-92.2%
Shannon21100%$69,000$119,500-42.3%
Chadwick10-$52,000$0-
Savanna62200%$39,000$79,000-50.6%

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