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Galesburg Reporter

Friday, November 22, 2024

Galesburg home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Galesburg fell by $4,000 while total sales increased by 10.3%, according to BlockShopper.com.

In March 2018, there were 43 homes sold, with a median sale price of $64,000 - a 5.9% decrease over the $68,000 median sale price for the same period of the previous year. There were 39 homes sold in Galesburg in March 2017.

The median sales tax in Galesburg for the most recent year with available data, 2017, was $1,331, approximately 2.1% of the median home sale price for March 2018.

The following table compares Galesburg to other Knox County cities in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Oak Run220%$200,000$400,000-50%
Knoxville330%$110,000$119,000-7.6%
Galesburg433910.3%$64,000$68,000-5.9%
Oneida12-50%$50,000$181,750-72.5%
Abingdon7616.7%$37,000$42,000-11.9%
Williamsfield01-100%$0$105,000-100%
Dahinda01-100%$0$270,500-100%
Rio01-100%$0$70,000-100%
Gilson01-100%$0$76,000-100%
Yates City03-100%$0$24,000-100%
Wataga00-$0$0-
Maquon00-$0$0-
East Galesburg00-$0$0-
Altona02-100%$0$69,250-100%
Henderson01-100%$0$12,000-100%

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