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Galesburg Reporter

Saturday, November 23, 2024

Galesburg home prices rise in October 2018

Realestate4

The median sale price of a home sold in October 2018 in Galesburg rose by $1,000 while total sales increased by 46.9%, according to BlockShopper.com.

In October 2018, there were 47 homes sold, with a median sale price of $72,000 - a 1.4% increase over the $71,000 median sale price for the same period of the previous year. There were 32 homes sold in Galesburg in October 2017.

The median sales tax in Galesburg for the most recent year with available data, 2017, was $1,331, approximately 1.8% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Oak Run5425%$278,000$290,000-4.1%
Altona21100%$97,450$20,000387.3%
Oneida4333.3%$91,750$25,000267%
Knoxville52150%$87,500$32,750167.2%
Wataga3250%$77,000$51,75048.8%
Yates City20-$76,500$0-
Galesburg473246.9%$72,000$71,0001.4%
Williamsfield21100%$71,500$2,0003475%
Abingdon23-33.3%$71,250$78,000-8.7%
East Galesburg20-$56,000$0-
Henderson01-100%$0$57,000-100%
Dahinda00-$0$0-
Rio01-100%$0$35,000-100%
Gilson00-$0$0-
Maquon01-100%$0$32,500-100%

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