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Galesburg Reporter

Friday, April 19, 2024

Galesburg home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Galesburg rose by $31,000 while total sales decreased by 90.6%, according to BlockShopper.com.

In June 2019, there were six homes sold, with a median sale price of $114,000 - a 37.3% increase over the $83,000 median sale price for the same period of the previous year. There were 64 homes sold in Galesburg in June 2018.

The median sales tax in Galesburg for the most recent year with available data, 2017, was $1,331, approximately 1.2% of the median home sale price for June 2019.

The following table compares Galesburg 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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