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Galesburg Reporter

Wednesday, November 6, 2024

Galesburg home prices fall in November 2018

Realestate3

The median sale price of a home sold in November 2018 in Galesburg fell by $7,750 while total sales increased by 23.8%, according to BlockShopper.com.

In November 2018, there were 52 homes sold, with a median sale price of $51,000 - a 13.2% decrease over the $58,750 median sale price for the same period of the previous year. There were 42 homes sold in Galesburg in November 2017.

The median sales tax in Galesburg for the most recent year with available data, 2017, was $1,331, approximately 2.6% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Oak Run21100%$196,000$57,000243.9%
Oneida10-$152,500$0-
Henderson10-$73,000$0-
Knoxville220%$71,000$58,50021.4%
Altona12-50%$63,000$54,75015.1%
Galesburg524223.8%$51,000$58,750-13.2%
Abingdon72250%$30,000$76,000-60.5%
East Galesburg20-$25,000$0-
Gilson00-$0$0-
Yates City04-100%$0$70,000-100%
Wataga00-$0$0-
Maquon00-$0$0-
Williamsfield02-100%$0$33,250-100%
Dahinda01-100%$0$83,000-100%
Rio00-$0$0-

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