From January through December of 2017, there were eight homes sold, with a median sale price of $48,500 - a 28.9% decrease over the $68,250 median sale price for the previous year. There were 12 homes sold in Altona in 2016.
The median sales tax in Altona for 2017 was $1,348. In 2016, the median sales tax was $1,395. This marks an decrease of 3.3%. 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 Altona to other Knox County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Yates City | 16 | 17 | -5.9% | $70,500 | $46,000 | 53.3% |
Galesburg | 497 | 542 | -8.3% | $67,500 | $60,000 | 12.5% |
Knoxville | 37 | 63 | -41.3% | $65,500 | $75,000 | -12.7% |
Rio | 8 | 12 | -33.3% | $62,500 | $41,250 | 51.5% |
East Galesburg | 9 | 11 | -18.2% | $60,000 | $91,500 | -34.4% |
Henderson | 4 | 4 | 0% | $57,500 | $103,500 | -44.4% |
Maquon | 7 | 10 | -30% | $55,000 | $45,250 | 21.5% |
Abingdon | 54 | 61 | -11.5% | $48,750 | $38,000 | 28.3% |
Altona | 8 | 12 | -33.3% | $48,500 | $68,250 | -28.9% |
Gilson | 6 | 5 | 20% | $43,250 | $77,500 | -44.2% |
Wataga | 14 | 13 | 7.7% | $35,000 | $74,000 | -52.7% |