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Galesburg Reporter

Friday, April 19, 2024

Altona home prices rise in the fourth quarter of 2019

Realestate4

The median sale price of a home sold in the fourth quarter of 2019 in Altona rose by $1,550 while total sales decreased by 66.7%, according to BlockShopper.com.

From October through December of 2019, there were two homes sold, with a median sale price of $55,500 - a 2.9% increase over the $53,950 median sale price for the same period of the previous year. There were six homes sold in Altona in the fourth quarter of 2018.

The median sales tax in Altona for the most recent year with available data, 2018, was $1,375, approximately 2.5% of the median home sale price for the fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Galesburg54133-59.4%$77,500$59,00031.4%
Oneida35-40%$72,000$96,000-25%
East Galesburg25-60%$69,250$35,00097.9%
Knoxville14955.6%$68,750$106,000-35.1%
Yates City220%$58,750$76,500-23.2%
Altona26-66.7%$55,500$53,9502.9%
Abingdon151315.4%$55,000$30,00083.3%
Wataga34-25%$46,000$76,000-39.5%
Henderson110%$36,000$73,000-50.7%
Maquon30-$29,000$0-
Rio10-$23,000$0-

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