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Galesburg Reporter

Thursday, May 15, 2025

Galesburg home prices rise in the third quarter of 2019

Webp re 11

The median sale price of a home sold in the third quarter of 2019 in Galesburg rose by $7,000 while total sales increased by 15.9%, according to BlockShopper.com.

From July through September of 2019, there were 168 homes sold, with a median sale price of $78,000 - a 9.9% increase over the $71,000 median sale price for the same period of the previous year. There were 145 homes sold in Galesburg in the third quarter of 2018.

The median sales tax in Galesburg for the most recent year with available data, 2018, was $1,377, approximately 1.8% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Dahinda220%$122,500$128,750-4.9%
Rio51400%$120,000$295,000-59.3%
Henderson41300%$115,000$87,50031.4%
Knoxville1216-25%$100,000$80,95023.5%
East Galesburg330%$85,000$415,000-79.5%
Galesburg16814515.9%$78,000$71,0009.9%
Oneida35-40%$77,000$72,0006.9%
Williamsfield330%$70,000$87,500-20%
Abingdon151315.4%$65,500$54,35020.5%
Yates City41300%$64,500$83,737-23%
Wataga93200%$57,000$25,000128%

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