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Galesburg Reporter

Monday, November 25, 2024

Wataga home prices rise in 2018

Re 12

The median sale price of a home sold in 2018 in Wataga rose by $40,000 while total sales decreased by 21.4%, according to BlockShopper.com.

From January through December of 2018, there were 11 homes sold, with a median sale price of $75,000 - a 114.3% increase over the $35,000 median sale price for the previous year. There were 14 homes sold in Wataga in 2017.

The median sales tax in Wataga for the most recent year with available data, 2017, was $1,433, approximately 1.9% of the median home sale price for 2018.

The following table compares Wataga 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)
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%
East Galesburg13944.4%$57,000$60,000-5%
Williamsfield1320-35%$50,000$84,500-40.8%

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