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Galesburg Reporter

Monday, May 12, 2025

Abingdon home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Abingdon fell by $7,000 while total sales increased by 100%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $39,000 - a 15.2% decrease over the $46,000 median sale price for the same period of the previous year. There were two homes sold in Abingdon in January 2016.

The median sales tax in Abingdon for 2017 was $1,157. In 2016, the median sales tax was $1,229. This marks an decrease of 5.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Abingdon to other Knox County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
East Galesburg20-$232,500$0-
Oak Run12-50%$208,000$178,75016.4%
Williamsfield31200%$110,000$130,000-15.4%
Yates City12-50%$90,000$50,00080%
Oneida10-$75,000$0-
Galesburg2223-4.3%$61,250$63,000-2.8%
Henderson10-$58,000$0-
Abingdon42100%$39,000$46,000-15.2%
Gilson20-$35,250$0-
Wataga12-50%$25,500$84,500-69.8%
Altona01-100%$0$95,000-100%
Dahinda00-$0$0-
Rio00-$0$0-
Maquon03-100%$0$43,500-100%
Knoxville03-100%$0$74,000-100%

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