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Galesburg Reporter

Monday, November 25, 2024

Galesburg home prices fall in December 2018

Re 7

The median sale price of a home sold in December 2018 in Galesburg fell by $3,750 while total sales decreased by 15%, according to BlockShopper.com.

In December 2018, there were 34 homes sold, with a median sale price of $55,500 - a 6.3% decrease over the $59,250 median sale price for the same period of the previous year. There were 40 homes sold in Galesburg in December 2017.

The median sales tax in Galesburg for the most recent year with available data, 2017, was $1,331, approximately 2.4% of the median home sale price for December 2018.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Oak Run220%$251,950$157,75059.7%
Knoxville21100%$221,250$29,500650%
Galesburg3440-15%$55,500$59,250-6.3%
Altona30-$43,000$0-
East Galesburg110%$34,000$32,0006.3%
Abingdon48-50%$13,000$29,000-55.2%
Wataga10-$9,200$0-
Rio00-$0$0-
Gilson00-$0$0-
Oneida02-100%$0$33,500-100%
Yates City00-$0$0-
Maquon01-100%$0$75,000-100%
Henderson00-$0$0-
Williamsfield01-100%$0$91,000-100%
Dahinda00-$0$0-

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