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Galesburg Reporter

Sunday, November 24, 2024

East Galesburg home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in East Galesburg rose by $9,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2019, there were two homes sold, with a median sale price of $83,000 - a 12.2% increase over the $74,000 median sale price for the same period of the previous year. There were three homes sold in East Galesburg in the second quarter of 2018.

The median sales tax in East Galesburg for the most recent year with available data, 2017, was $1,230, approximately 1.5% of the median home sale price for the second quarter of 2019.

The following table compares East Galesburg to other Knox County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Gilson12-50%$190,000$211,250-10.1%
Oak Run611-45.5%$143,000$340,000-57.9%
Oneida21100%$128,750$100,00028.8%
Williamsfield36-50%$112,000$60,00086.7%
East Galesburg23-33.3%$83,000$74,00012.2%
Knoxville161323.1%$80,000$114,000-29.8%
Galesburg75154-51.3%$75,000$65,00015.4%
Altona220%$74,750$92,500-19.2%
Maquon20-$69,250$0-
Abingdon16156.7%$59,000$46,40027.2%
Wataga4333.3%$57,271.50$78,500-27%

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