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Median home prices in Lanark fell to $62,500 in December 2021

Webp realestate4

The median sale price of a home sold in December 2021 in Lanark fell by $6,250 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In December 2021, there were four homes sold, with a median sale price of $62,500 - a 9.1% decrease over the $68,750 median sale price for the same period of the previous year. There were four homes sold in Lanark in December 2020, as well.

The median sales tax in Lanark for the most recent year with available data, 2019, was $1,503, approximately 2.4% of the median home sale price for December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Shannon21100%$124,250$65,00091.2%
Milledgeville220%$95,000$65,95044%
Lanark440%$62,500$68,750-9.1%
Mount Carroll42100%$61,100$61,250-0.2%
Chadwick10-$50,000$0-
Savanna510-50%$40,000$47,000-14.9%
Thomson02-100%$0$104,480-100%

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