From July through December of 2019, there were two homes sold, with a median sale price of $56,000 - a 75% increase over the $32,000 median sale price for the same period of the previous year. There were five homes sold in Loraine in the second half of 2018.
The median sales tax in Loraine for the most recent year with available data, 2018, was $904, approximately 1.6% of the median home sale price for the second half of 2019.
The following table compares Loraine to other Adams County cities in the second half of 2019:
| City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Camp Point | 15 | 14 | 7.1% | $125,000 | $92,500 | 35.1% |
| Quincy | 433 | 434 | -0.2% | $114,200 | $102,450 | 11.5% |
| Clayton | 3 | 10 | -70% | $105,000 | $59,000 | 78% |
| Ursa | 6 | 9 | -33.3% | $99,075 | $50,000 | 98.2% |
| Liberty | 4 | 5 | -20% | $96,000 | $105,000 | -8.6% |
| Payson | 14 | 6 | 133.3% | $95,250 | $84,750 | 12.4% |
| Mendon | 15 | 8 | 87.5% | $75,000 | $81,000 | -7.4% |
| Golden | 8 | 7 | 14.3% | $68,250 | $89,000 | -23.3% |
| Loraine | 2 | 5 | -60% | $56,000 | $32,000 | 75% |
| Plainville | 2 | 1 | 100% | $52,000 | $16,000 | 225% |
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