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Galesburg Reporter

Tuesday, November 5, 2024

Oak Run home prices fall in February 2018

Re 3

The median sale price of a home sold in February 2018 in Oak Run fell by $46,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $146,000 - a 24.2% decrease over the $192,500 median sale price for the same period of the previous year. There were two homes sold in Oak Run in February 2017, as well.

The median sales tax in Oak Run for the most recent year with available data, 2017, was $6,408, approximately 4.4% of the median home sale price for February 2018.

The following table compares Oak Run to other Knox County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Oak Run220%$146,000$192,500-24.2%
Oneida13-66.7%$145,000$90,00061.1%
East Galesburg220%$89,500$220,000-59.3%
Knoxville35-40%$77,000$85,000-9.4%
Galesburg383315.2%$64,000$75,000-14.7%
Abingdon41300%$19,000$28,500-33.3%
Altona00-$0$0-
Henderson00-$0$0-
Williamsfield00-$0$0-
Dahinda01-100%$0$110,000-100%
Rio01-100%$0$25,000-100%
Gilson01-100%$0$160,000-100%
Yates City02-100%$0$89,000-100%
Wataga00-$0$0-
Maquon01-100%$0$30,000-100%

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