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Galesburg Reporter

Tuesday, December 24, 2024

Knoxville home prices fall in November 2017

Realestate4

The median sale price of a home sold in November 2017 in Knoxville fell by $9,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In November 2017, there were two homes sold, with a median sale price of $58,500 - a 14% decrease over the $68,000 median sale price for the same period of the previous year. There were three homes sold in Knoxville in November 2016.

The median sales tax in Knoxville for 2017 was $1,706. In 2016, the median sales tax was $1,799. This marks an decrease of 5.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Knoxville 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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