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Galesburg Reporter

Wednesday, November 6, 2024

Knoxville home prices rise in January 2019

Re 3

The median sale price of a home sold in January 2019 in Knoxville rose by $44,250 while total sales increased by 50%, according to BlockShopper.com.

In January 2019, there were three homes sold, with a median sale price of $110,000 - a 67.3% increase over the $65,750 median sale price for the same period of the previous year. There were two homes sold in Knoxville in January 2018.

The median sales tax in Knoxville for the most recent year with available data, 2017, was $1,706, approximately 1.6% of the median home sale price for January 2019.

The following table compares Knoxville 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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