Galesburg Reporter

Galesburg Reporter

Sunday, February 23, 2020

Knoxville home prices fall in 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Realestate077

The median sale price of a home sold in 2019 in Knoxville fell by $10,000 while total sales increased by 6.5%, according to BlockShopper.com.

From January through December of 2019, there were 49 homes sold, with a median sale price of $81,000 - a 11% decrease over the $91,000 median sale price for the previous year. There were 46 homes sold in Knoxville in 2018.

The median sales tax in Knoxville for the most recent year with available data, 2018, was $1,732, approximately 2.1% of the median home sale price for 2019.

The following table compares Knoxville 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)
Gilson
2
6
-66.7%
$120,000
$182,750
-34.3%
Williamsfield
13
13
0%
$92,000
$50,000
84%
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%

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