Quantcast

Galesburg Reporter

Tuesday, November 5, 2024

Q3 real estate sales report: Knoxville

Re 4

Median prices rose in Knoxville over last year, and are down 6.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 16 homes sold in Knoxville for a median price of $80,950. That's 15 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Knoxville was in foreclosure.

Median property tax for homeowners in Knoxville was $1,716.99 in 2017 according to tax data from that year. That means homeowners pay 2.4 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Knoxville real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
14
$86,580
-
2010
15
$62,700
-27.6%
2011
18
$84,185
34.3%
2012
19
$97,010
15.2%
2013
17
$72,900
-24.9%
2014
12
$97,255
33.4%
2015
16
$99,110
1.9%
2016
23
$81,375
-17.9%
2017
13
$70,380
-13.5%
2018
16
$80,950
15%

Median property tax
Median sale price
Effective property tax rate
2009
$1,778.91
$86,580
2.1%
2010
$1,431.81
$62,700
2.3%
2011
$2,026.11
$84,185
2.4%
2012
$2,299.61
$97,010
2.4%
2013
$1,751.58
$72,900
2.4%
2014
$1,953.92
$97,255
2%
2015
$2,384.07
$99,110
2.4%
2016
$1,985.23
$81,375
2.4%
2017
$1,716.98
$70,380
2.4%

MORE NEWS