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Quincy Reporter

Friday, November 22, 2024

Mendon home prices rise in 2018

Realestate1

The median sale price of a home sold in 2018 in Mendon rose by $13,500 while total sales increased by 13%, according to BlockShopper.com.

From January through December of 2018, there were 26 homes sold, with a median sale price of $76,500 - a 21.4% increase over the $63,000 median sale price for the previous year. There were 23 homes sold in Mendon in 2017.

The median sales tax in Mendon for 2018 was $1,623. In 2017, the median sales tax was $1,618. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Mendon to other Adams County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Liberty14955.6%$100,000$93,0007.5%
Quincy793875-9.4%$98,500$96,0002.6%
Camp Point1827-33.3%$96,000$74,80028.3%
Payson920-55%$90,400$84,0007.6%
Golden14137.7%$87,250$60,00045.4%
Ursa17166.3%$79,000$79,500-0.6%
Mendon262313%$76,500$63,00021.4%
Clayton1618-11.1%$56,500$49,45014.3%
Plainville23-33.3%$47,750$71,000-32.7%
Loraine6520%$34,897$64,000-45.5%

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