Quantcast

Galesburg Reporter

Thursday, November 21, 2024

Oak Run home prices rise in the first half of 2018

Realestate3

The median sale price of a home sold in the first half of 2018 in Oak Run rose by $52,000 while total sales increased by 63.6%, according to BlockShopper.com.

From January through June of 2018, there were 18 homes sold, with a median sale price of $260,000 - a 25% increase over the $208,000 median sale price for the same period of the previous year. There were 11 homes sold in Oak Run in the first half of 2017.

The median sales tax in Oak Run for the most recent year with available data, 2017, was $6,408, approximately 2.5% of the median home sale price for the first half of 2018.

The following table compares Oak Run to other Knox County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Oak Run181163.6%$260,000$208,00025%
Gilson25-60%$211,250$35,500495.1%
Dahinda24-50%$205,000$150,00036.7%
Yates City312-75%$120,000$70,50070.2%
Rio25-60%$108,000$70,00054.3%
Oneida312-75%$100,000$89,50011.7%
Knoxville211910.5%$100,000$83,00020.5%
Altona23-33.3%$92,500$10,000825%
East Galesburg5425%$74,000$232,500-68.2%
Wataga46-33.3%$69,250$27,750149.5%
Galesburg26522915.7%$64,000$65,500-2.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS