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Galesburg Reporter

Friday, April 26, 2024

Galesburg home prices rise in February 2019

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The median sale price of a home sold in February 2019 in Galesburg rose by $3,000 while total sales decreased by 13.2%, according to BlockShopper.com.

In February 2019, there were 33 homes sold, with a median sale price of $67,000 - a 4.7% increase over the $64,000 median sale price for the same period of the previous year. There were 38 homes sold in Galesburg in February 2018.

The median sales tax in Galesburg for the most recent year with available data, 2017, was $1,331, approximately 2% of the median home sale price for February 2019.

The following table compares Galesburg to other Knox County cities in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Oak Run220%$257,500$146,00076.4%
Rio10-$147,000$0-
Altona10-$146,500$0-
Galesburg3338-13.2%$67,000$64,0004.7%
Gilson10-$50,000$0-
East Galesburg12-50%$43,000$89,500-52%
Henderson10-$38,000$0-
Abingdon24-50%$36,250$19,00090.8%
Williamsfield10-$24,900$0-
Yates City10-$24,000$0-
Oneida01-100%$0$145,000-100%
Wataga00-$0$0-
Maquon00-$0$0-
Knoxville03-100%$0$77,000-100%
Dahinda00-$0$0-

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