Quincy Reporter

Quincy Reporter

Sunday, February 23, 2020

Loraine home prices fall in 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 9

The median sale price of a home sold in 2019 in Loraine fell by $16,897 while total sales decreased by 50%, according to BlockShopper.com.

From January through December of 2019, there were three homes sold, with a median sale price of $18,000 - a 48.4% decrease over the $34,897 median sale price for the previous year. There were six homes sold in Loraine in 2018.

The median sales tax in Loraine for the most recent year with available data, 2018, was $904, approximately 5% of the median home sale price for 2019.

The following table compares Loraine to other Adams County cities in 2019:

City
Jan. - Dec. 2019 Home Sales
Jan. - Dec. 2018 Home Sales
% change (Total Home Sales)
Jan. - Dec. 2019 Median Sales Price
Jan. - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Camp Point
26
18
44.4%
$126,250
$96,000
31.5%
Quincy
802
793
1.1%
$112,000
$98,500
13.7%
Ursa
9
17
-47.1%
$99,500
$79,000
25.9%
Liberty
8
14
-42.9%
$93,500
$100,000
-6.5%
Mendon
25
26
-3.8%
$88,500
$76,500
15.7%
Payson
22
9
144.4%
$86,250
$90,400
-4.6%
Golden
16
14
14.3%
$81,417
$87,250
-6.7%
Plainville
3
2
50%
$79,000
$47,750
65.4%
Clayton
9
16
-43.8%
$47,500
$56,500
-15.9%
Loraine
3
6
-50%
$18,000
$34,897
-48.4%

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