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Galesburg Reporter

Sunday, November 24, 2024

Wataga home prices rise in the first half of 2019

Realestate3

The median sale price of a home sold in the first half of 2019 in Wataga rose by $4,793 while total sales increased by 75%, according to BlockShopper.com.

From January through June of 2019, there were seven homes sold, with a median sale price of $74,043 - a 6.9% increase over the $69,250 median sale price for the same period of the previous year. There were four homes sold in Wataga in the first half of 2018.

The median sales tax in Wataga for the most recent year with available data, 2017, was $1,433, approximately 1.9% of the median home sale price for the first half of 2019.

The following table compares Wataga to other Knox County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Oneida330%$117,000$100,00017%
Williamsfield68-25%$91,000$36,000152.8%
East Galesburg45-20%$82,500$74,00011.5%
Knoxville21210%$80,000$100,000-20%
Altona42100%$74,750$92,500-19.2%
Wataga7475%$74,043$69,2506.9%
Galesburg160265-39.6%$74,000$64,00015.6%
Maquon20-$69,250$0-
Abingdon2630-13.3%$54,687.50$40,40035.4%
Yates City83166.7%$42,500$120,000-64.6%
Rio3250%$42,000$108,000-61.1%

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