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Galesburg Reporter

Saturday, May 18, 2024

Abingdon home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Abingdon rose by $4,000 while total sales increased by 66.7%, according to BlockShopper.com.

In June 2017, there were 10 homes sold, with a median sale price of $47,750 - a 9.1% increase over the $43,750 median sale price for the same period of the previous year. There were six homes sold in Abingdon in June 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 2.4%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Oak Run25-60%$313,500$269,00016.5%
Williamsfield10-$130,000$0-
Oneida21100%$89,750$134,000-33%
Galesburg5466-18.2%$66,000$62,5005.6%
Knoxville27-71.4%$61,500$70,000-12.1%
Rio10-$55,000$0-
Maquon110%$55,000$30,00083.3%
Yates City42100%$50,500$54,500-7.3%
Abingdon10666.7%$47,750$43,7509.1%
Wataga31200%$34,000$168,500-79.8%
Altona110%$10,000$140,000-92.9%
Henderson01-100%$0$55,000-100%
Dahinda00-$0$0-
Gilson01-100%$0$83,500-100%
East Galesburg02-100%$0$182,500-100%

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