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Galesburg Reporter

Sunday, November 24, 2024

Knoxville home prices rise in May 2018

Realestate1

The median sale price of a home sold in May 2018 in Knoxville rose by $34,500 while total sales increased by 16.7%, according to BlockShopper.com.

In May 2018, there were seven homes sold, with a median sale price of $114,000 - a 43.4% increase over the $79,500 median sale price for the same period of the previous year. There were six homes sold in Knoxville in May 2017.

The median sales tax in Knoxville for the most recent year with available data, 2017, was $1,706, approximately 1.5% of the median home sale price for May 2018.

The following table compares Knoxville to other Knox County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Yates City10-$187,000$0-
Oak Run42100%$180,000$183,000-1.6%
Dahinda110%$165,000$8,0001962.5%
East Galesburg20-$116,500$0-
Knoxville7616.7%$114,000$79,50043.4%
Galesburg3851-25.5%$47,500$60,000-20.8%
Rio12-50%$42,000$165,000-74.5%
Abingdon42100%$18,750$29,750-37%
Wataga12-50%$16,500$17,250-4.3%
Williamsfield14-75%$4,200$90,000-95.3%
Altona00-$0$0-
Henderson00-$0$0-
Gilson00-$0$0-
Oneida03-100%$0$89,000-100%
Maquon01-100%$0$48,500-100%

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