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Galesburg Reporter

Monday, November 25, 2024

Yates City home prices rise in 2018

Realestate077

The median sale price of a home sold in 2018 in Yates City rose by $30,369 while total sales decreased by 62.5%, according to BlockShopper.com.

From January through December of 2018, there were six homes sold, with a median sale price of $100,869 - a 43.1% increase over the $70,500 median sale price for the previous year. There were 16 homes sold in Yates City in 2017.

The median sales tax in Yates City for the most recent year with available data, 2017, was $1,970, approximately 2% of the median home sale price for 2018.

The following table compares Yates City to other Knox County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Oak Run463148.4%$264,750$205,00029.1%
Gilson660%$182,750$43,250322.5%
Rio38-62.5%$174,000$62,500178.4%
Dahinda48-50%$173,750$183,750-5.4%
Yates City616-62.5%$100,868.50$70,50043.1%
Knoxville463724.3%$91,000$65,50038.9%
Oneida1319-31.6%$90,000$75,00020%
Wataga1114-21.4%$75,000$35,000114.3%
Henderson34-25%$73,000$57,50027%
Galesburg5434979.3%$65,000$67,500-3.7%
Altona11837.5%$62,000$48,50027.8%

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