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Galesburg Reporter

Friday, April 19, 2024

Oak Run home prices fall in June 2019

Realestate2

The median sale price of a home sold in June 2019 in Oak Run fell by $350,000 while total sales increased by 50%, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $115,000 - a 75.3% decrease over the $465,000 median sale price for the same period of the previous year. There were two homes sold in Oak Run in June 2018.

The median sales tax in Oak Run for the most recent year with available data, 2017, was $6,408, approximately 5.6% of the median home sale price for June 2019.

The following table compares Oak Run to other Knox County cities in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Williamsfield110%$250,000$27,000825.9%
Oak Run3250%$115,000$465,000-75.3%
Galesburg664-90.6%$114,000$83,00037.3%
Altona12-50%$70,000$92,500-24.3%
Knoxville440%$63,000$212,000-70.3%
Abingdon47-42.9%$60,250$70,000-13.9%
Yates City110%$22,000$11,50091.3%
Dahinda00-$0$0-
Rio01-100%$0$174,000-100%
Gilson02-100%$0$211,250-100%
Oneida01-100%$0$100,000-100%
Wataga02-100%$0$114,250-100%
Maquon00-$0$0-
East Galesburg01-100%$0$14,000-100%
Henderson00-$0$0-

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