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Galesburg Reporter

Friday, April 19, 2024

Abingdon home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Abingdon rose by $44,750 while total sales increased by 50%, according to BlockShopper.com.

In May 2019, there were six homes sold, with a median sale price of $63,500 - a 238.7% increase over the $18,750 median sale price for the same period of the previous year. There were four homes sold in Abingdon in May 2018.

The median sales tax in Abingdon for the most recent year with available data, 2017, was $1,157, approximately 1.8% of the median home sale price for May 2019.

The following table compares Abingdon to other Knox County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Gilson10-$190,000$0-
Galesburg538-86.8%$165,000$47,500247.4%
Oneida20-$128,750$0-
Maquon10-$83,500$0-
Altona10-$79,500$0-
Knoxville37-57.1%$73,000$114,000-36%
Abingdon6450%$63,500$18,750238.7%
Wataga21100%$57,271.50$16,500247.1%
Yates City41300%$51,250$187,000-72.6%
Rio110%$42,000$42,0000%
Henderson10-$18,500$0-

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