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Galesburg Reporter

Wednesday, November 6, 2024

Oak Run home prices fall in January 2019

Realestate2

The median sale price of a home sold in January 2019 in Oak Run fell by $250,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2019, there were three homes sold, with a median sale price of $285,000 - a 46.7% decrease over the $535,000 median sale price for the same period of the previous year. There were three homes sold in Oak Run in January 2018, as well.

The median sales tax in Oak Run for the most recent year with available data, 2017, was $6,408, approximately 2.2% of the median home sale price for January 2019.

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

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Oak Run330%$285,000$535,000-46.7%
East Galesburg10-$113,000$0-
Knoxville3250%$110,000$65,75067.3%
Galesburg1930-36.7%$72,450$56,75027.7%
Abingdon24-50%$51,250$30,00070.8%
Altona00-$0$0-
Henderson00-$0$0-
Williamsfield02-100%$0$35,000-100%
Dahinda00-$0$0-
Rio00-$0$0-
Gilson00-$0$0-
Oneida00-$0$0-
Yates City00-$0$0-
Wataga01-100%$0$60,000-100%
Maquon00-$0$0-

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