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Galesburg Reporter

Monday, November 25, 2024

Altona home prices fall in the second half of 2018

Realestate3

The median sale price of a home sold in the second half of 2018 in Altona fell by $1,100 while total sales increased by 80%, according to BlockShopper.com.

From July through December of 2018, there were nine homes sold, with a median sale price of $59,900 - a 1.8% decrease over the $61,000 median sale price for the same period of the previous year. There were five homes sold in Altona in the second half of 2017.

The median sales tax in Altona for the most recent year with available data, 2017, was $1,348, approximately 2.3% of the median home sale price for the second half of 2018.

The following table compares Altona to other Knox County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Knoxville251838.9%$89,900$54,00066.5%
Oneida10742.9%$88,750$34,000161%
Williamsfield59-44.4%$87,500$56,50054.9%
Yates City34-25%$83,737$70,00019.6%
Henderson220%$80,250$114,750-30.1%
Wataga78-12.5%$75,000$56,75032.2%
Galesburg2782683.7%$66,000$70,000-5.7%
Altona9580%$59,900$61,000-1.8%
East Galesburg8560%$53,000$48,00010.4%
Abingdon26260%$42,500$53,500-20.6%
Maquon330%$30,000$75,000-60%

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