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Galesburg Reporter

Tuesday, December 24, 2024

Yates City home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Yates City rose by $50,000 while total sales increased by 33.3%, according to BlockShopper.com.

In November 2017, there were four homes sold, with a median sale price of $70,000 - a 250% increase over the $20,000 median sale price for the same period of the previous year. There were three homes sold in Yates City in November 2016.

The median sales tax in Yates City for 2017 was $1,970. In 2016, the median sales tax was $2,063. This marks an decrease of 4.5%. 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 Yates City to other Knox County cities in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Dahinda10-$83,000$0-
Abingdon220%$76,000$69,00010.1%
Yates City4333.3%$70,000$20,000250%
Galesburg42397.7%$58,750$54,0008.8%
Knoxville23-33.3%$58,500$68,000-14%
Oak Run13-66.7%$57,000$77,500-26.5%
Altona20-$54,750$0-
Williamsfield220%$33,250$21,75052.9%
Henderson00-$0$0-
Rio00-$0$0-
Gilson00-$0$0-
Oneida01-100%$0$16,000-100%
Wataga02-100%$0$59,500-100%
Maquon01-100%$0$69,500-100%
East Galesburg00-$0$0-

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