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Galesburg Reporter

Wednesday, April 16, 2025

Oak Run home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Oak Run rose by $146,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In October 2017, there were four homes sold, with a median sale price of $290,000 - a 102.1% increase over the $143,500 median sale price for the same period of the previous year. There were four homes sold in Oak Run in October 2016, as well.

The median sales tax in Oak Run for 2017 was $6,408. In 2016, the median sales tax was $6,345. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Oak Run to other Knox County cities in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Oak Run440%$290,000$143,500102.1%
Abingdon311-72.7%$78,000$50,00056%
Galesburg3252-38.5%$71,000$52,25035.9%
Henderson110%$57,000$115,000-50.4%
Wataga20-$51,750$0-
Rio10-$35,000$0-
Knoxville26-66.7%$32,750$60,000-45.4%
Maquon10-$32,500$0-
Oneida31200%$25,000$137,500-81.8%
Altona110%$20,000$2,750627.3%
Williamsfield10-$2,000$0-
Dahinda01-100%$0$118,000-100%
Gilson00-$0$0-
Yates City02-100%$0$25,000-100%
East Galesburg00-$0$0-

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