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Galesburg Reporter

Friday, April 19, 2024

Maquon home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Maquon fell by $21,250 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2019, there were six homes sold, with a median sale price of $8,750 - a 70.8% decrease over the $30,000 median sale price for the same period of the previous year. There were three homes sold in Maquon in the second half of 2018.

The median sales tax in Maquon for the most recent year with available data, 2018, was $1,058, approximately 12.1% of the median home sale price for the second half of 2019.

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

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Williamsfield7540%$92,000$87,5005.1%
East Galesburg58-37.5%$85,000$53,00060.4%
Knoxville26254%$84,000$89,900-6.6%
Henderson52150%$80,000$80,250-0.3%
Galesburg222278-20.1%$78,000$66,00018.2%
Oneida610-40%$74,500$88,750-16.1%
Yates City63100%$64,500$83,737-23%
Abingdon302615.4%$64,250$42,50051.2%
Wataga12771.4%$48,500$75,000-35.3%
Altona69-33.3%$46,000$59,900-23.2%
Maquon63100%$8,750$30,000-70.8%

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