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Quincy Reporter

Friday, November 22, 2024

Payson home prices fall in the second half of 2017

Realestate4

The median sale price of a home sold in the second half of 2017 in Payson fell by $8,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From July through December of 2017, there were 14 homes sold, with a median sale price of $81,500 - a 8.9% decrease over the $89,500 median sale price for the same period of the previous year. There were 16 homes sold in Payson in the second half of 2016.

The median sales tax in Payson for 2017 was $1,580. In 2016, the median sales tax was $1,668. This marks an decrease of 5.3%. 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 Payson to other Adams County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Liberty660%$120,250$70,00071.8%
Quincy449472-4.9%$96,000$96,0000%
Mendon1115-26.7%$86,000$76,00013.2%
Loraine25-60%$84,600$41,000106.3%
Payson1416-12.5%$81,500$89,500-8.9%
Ursa45-20%$77,900$115,000-32.3%
Plainville25-60%$75,450$84,000-10.2%
Camp Point1119-42.1%$60,000$97,000-38.1%
Clayton11837.5%$49,450$50,000-1.1%
Golden611-45.5%$38,000$56,133-32.3%

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