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Quincy Reporter

Friday, November 22, 2024

Quincy home prices rise in the fourth quarter of 2018

Realestate2

The median sale price of a home sold in the fourth quarter of 2018 in Quincy rose by $8,500 while total sales decreased by 15.2%, according to BlockShopper.com.

From October through December of 2018, there were 189 homes sold, with a median sale price of $98,500 - a 9.4% increase over the $90,000 median sale price for the same period of the previous year. There were 223 homes sold in Quincy in the fourth quarter of 2017.

The median sales tax in Quincy for 2018 was $1,762. In 2017, the median sales tax was $1,706. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Quincy to other Adams County cities in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Liberty34-25%$112,000$120,250-6.9%
Quincy189223-15.2%$98,500$90,0009.4%
Camp Point9728.6%$95,000$60,00058.3%
Mendon16-83.3%$85,000$86,450-1.7%
Payson57-28.6%$72,000$101,900-29.3%
Golden41300%$69,500$57,00021.9%
Clayton49-55.6%$60,250$49,45021.8%
Ursa3250%$50,000$83,000-39.8%
Loraine31200%$30,000$144,000-79.2%
Plainville110%$16,000$79,900-80%

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