In September 2017, there were 54 homes sold, with a median sale price of $64,500 - a 4.4% decrease over the $67,500 median sale price for the same period of the previous year. There were 39 homes sold in Galesburg in September 2016.
The median sales tax in Galesburg for 2017 was $1,331. In 2016, the median sales tax was $1,444. This marks an decrease of 7.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Galesburg to other Knox County cities in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oak Run | 3 | 2 | 50% | $231,000 | $375,000 | -38.4% |
| Dahinda | 1 | 0 | - | $191,500 | $0 | - |
| East Galesburg | 2 | 3 | -33.3% | $156,000 | $32,500 | 380% |
| Maquon | 1 | 1 | 0% | $107,500 | $40,000 | 168.8% |
| Williamsfield | 3 | 2 | 50% | $78,000 | $87,500 | -10.9% |
| Wataga | 3 | 0 | - | $73,000 | $0 | - |
| Altona | 1 | 1 | 0% | $65,000 | $168,000 | -61.3% |
| Galesburg | 54 | 39 | 38.5% | $64,500 | $67,500 | -4.4% |
| Abingdon | 3 | 9 | -66.7% | $57,500 | $65,000 | -11.5% |
| Knoxville | 5 | 8 | -37.5% | $48,500 | $68,750 | -29.5% |
| Henderson | 0 | 1 | -100% | $0 | $100,500 | -100% |
| Rio | 0 | 2 | -100% | $0 | $30,250 | -100% |
| Gilson | 0 | 0 | - | $0 | $0 | - |
| Oneida | 0 | 1 | -100% | $0 | $80,000 | -100% |
| Yates City | 0 | 1 | -100% | $0 | $8,000 | -100% |
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