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Quincy Reporter

Thursday, December 26, 2024

Quincy home prices fall in the first quarter of 2017

Realestate5

The median sale price of a home sold in the first quarter of 2017 in Quincy fell by $9,950 while total sales increased by 16.9%, according to BlockShopper.com.

From January through March of 2017, there were 159 homes sold, with a median sale price of $90,000 - a 10% decrease over the $99,950 median sale price for the same period of the previous year. There were 136 homes sold in Quincy in the first quarter of 2016.

The median sales tax in Quincy for 2017 was $1,706.38. In 2016, the median sales tax was $1,684. This marks an increase of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Quincy to other Adams County cities in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Loraine110%$93,000$48,30092.5%
Quincy15913616.9%$90,000$99,950-10%
Ursa5425%$75,000$142,500-47.4%
Camp Point84100%$69,900$86,000-18.7%
Plainville110%$51,500$15,500232.3%
Clayton440%$50,000$31,25060%
Mendon52150%$50,000$91,000-45.1%
Golden34-25%$45,000$45,250-0.6%
Liberty220%$41,500$80,950-48.7%
Payson03-100%$0$45,000-100%

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