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Quincy Reporter

Sunday, November 24, 2024

What happened to the median home price in Loraine during 2020?

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The median sale price of a home sold in 2020 in Loraine rose by $26,750 while total sales increased by 233.3%, according to BlockShopper.com.

From January through December of 2020, there were 10 homes sold, with a median sale price of $44,750 - a 148.6% increase over the $18,000 median sale price for the previous year. There were three homes sold in Loraine in 2019.

The median sales tax in Loraine for the most recent year with available data, 2019, was $948, approximately 2.1% of the median home sale price for 2020.

The following table compares Loraine to other Adams County cities in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Ursa12933.3%$138,750$99,50039.4%
Camp Point2126-19.2%$125,000$126,250-1%
Payson1422-36.4%$117,750$86,25036.5%
Quincy8178031.7%$115,000$112,0002.7%
Golden616-62.5%$113,500$81,41739.4%
Plainville4333.3%$98,000$79,00024.1%
Liberty11837.5%$86,000$93,500-8%
Mendon1625-36%$84,000$88,500-5.1%
Loraine103233.3%$44,750$18,000148.6%
Clayton990%$38,000$47,500-20%

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