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Galesburg Reporter

Tuesday, December 24, 2024

Wataga home prices rise in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Wataga rose by $12,750 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2017, there were two homes sold, with a median sale price of $51,750 - a 32.7% increase over the $39,000 median sale price for the same period of the previous year. There were three homes sold in Wataga in the fourth quarter of 2016.

The median sales tax in Wataga for 2017 was $1,432.79. In 2016, the median sales tax was $1,513. This marks an decrease of 5.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Wataga to other Knox County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Yates City45-20%$70,000$20,000250%
Galesburg114131-13%$59,750$54,00010.6%
Henderson12-50%$57,000$110,750-48.5%
Maquon21100%$53,750$69,500-22.7%
Abingdon1317-23.5%$52,000$69,000-24.6%
Wataga23-33.3%$51,750$39,00032.7%
Knoxville519-73.7%$36,000$75,000-52%
Altona3250%$36,000$8,875305.6%
Rio10-$35,000$0-
Williamsfield4333.3%$33,250$23,00044.6%
Oneida5366.7%$33,000$100,000-67%

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