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Galesburg Reporter

Friday, November 22, 2024

Oak Run home prices rise in April 2018

Re 11

The median sale price of a home sold in April 2018 in Oak Run rose by $216,500 while total sales increased by 150%, according to BlockShopper.com.

In April 2018, there were five homes sold, with a median sale price of $450,000 - a 92.7% increase over the $233,500 median sale price for the same period of the previous year. There were two homes sold in Oak Run in April 2017.

The median sales tax in Oak Run for the most recent year with available data, 2017, was $6,408, approximately 1.4% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Oak Run52150%$450,000$233,50092.7%
Dahinda110%$245,000$190,00028.9%
Williamsfield42100%$124,500$98,25026.7%
Yates City12-50%$120,000$62,75091.2%
Knoxville23-33.3%$69,750$65,5006.5%
Abingdon45-20%$66,900$55,00021.6%
Galesburg523073.3%$56,250$71,000-20.8%
Henderson10-$35,000$0-
Altona00-$0$0-
Rio00-$0$0-
Gilson01-100%$0$3,000-100%
Oneida01-100%$0$16,000-100%
Wataga00-$0$0-
Maquon01-100%$0$140,000-100%
East Galesburg00-$0$0-

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