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Galesburg Reporter

Thursday, November 21, 2024

Gilson home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Gilson rose by $175,750 while total sales decreased by 60%, according to BlockShopper.com.

From January through June of 2018, there were two homes sold, with a median sale price of $211,250 - a 495.1% increase over the $35,500 median sale price for the same period of the previous year. There were five homes sold in Gilson in the first half of 2017.

The median sales tax in Gilson for the most recent year with available data, 2017, was $1,232, approximately 0.6% of the median home sale price for the first half of 2018.

The following table compares Gilson 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%

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