Galesburg Reporter

Galesburg Reporter

Sunday, February 23, 2020

Abingdon home prices rise in 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 9

The median sale price of a home sold in 2019 in Abingdon rose by $15,350 while total sales increased by 1.8%, according to BlockShopper.com.

From January through December of 2019, there were 57 homes sold, with a median sale price of $56,000 - a 37.8% increase over the $40,650 median sale price for the previous year. There were 56 homes sold in Abingdon in 2018.

The median sales tax in Abingdon for the most recent year with available data, 2018, was $1,162, approximately 2.1% of the median home sale price for 2019.

The following table compares Abingdon to other Knox County cities with similar median sales prices in 2019:

City
Jan. - Dec. 2019 Home Sales
Jan. - Dec. 2018 Home Sales
% change (Total Home Sales)
Jan. - Dec. 2019 Median Sales Price
Jan. - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Oneida
10
13
-23.1%
$91,000
$90,000
1.1%
Rio
9
3
200%
$90,000
$174,000
-48.3%
East Galesburg
9
13
-30.8%
$85,000
$57,000
49.1%
Knoxville
49
46
6.5%
$81,000
$91,000
-11%
Henderson
7
3
133.3%
$76,500
$73,000
4.8%
Galesburg
454
543
-16.4%
$75,000
$65,000
15.4%
Altona
10
11
-9.1%
$68,500
$62,000
10.5%
Abingdon
57
56
1.8%
$56,000
$40,650
37.8%
Wataga
19
11
72.7%
$51,000
$75,000
-32%
Yates City
14
6
133.3%
$45,000
$100,868.50
-55.4%
Maquon
8
3
166.7%
$19,500
$30,000
-35%

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