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Galesburg Reporter

Thursday, April 25, 2024

Galesburg home prices rise in November 2019

Re 9

The median sale price of a home sold in November 2019 in Galesburg rose by $34,500 while total sales decreased by 75%, according to BlockShopper.com.

In November 2019, there were 13 homes sold, with a median sale price of $85,500 - a 67.6% increase over the $51,000 median sale price for the same period of the previous year. There were 52 homes sold in Galesburg in November 2018.

The median sales tax in Galesburg for the most recent year with available data, 2018, was $1,377, approximately 1.6% of the median home sale price for November 2019.

The following table compares Galesburg to other Knox County cities in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Dahinda10-$129,000$0-
Galesburg1352-75%$85,500$51,00067.6%
Knoxville52150%$75,000$71,0005.6%
Oneida110%$72,000$152,500-52.8%
Maquon10-$29,000$0-
Abingdon57-28.6%$18,000$30,000-40%
Rio00-$0$0-
Oak Run02-100%$0$196,000-100%
Gilson00-$0$0-
Yates City00-$0$0-
Wataga00-$0$0-
East Galesburg02-100%$0$25,000-100%
Altona01-100%$0$63,000-100%
Henderson01-100%$0$73,000-100%
Williamsfield00-$0$0-

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