Galesburg Reporter

Galesburg Reporter

Wednesday, April 1, 2020

Galesburg home prices rise in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Realestate2

The median sale price of a home sold in January 2020 in Galesburg rose by $5,050 while total sales decreased by 84.2%, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $77,500 - a 7% increase over the $72,450 median sale price for the same period of the previous year. There were 19 homes sold in Galesburg in January 2019.

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 January 2020.

The following table compares Galesburg to other Knox County cities in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Oak Run
2
3
-33.3%
$287,500
$285,000
0.9%
Oneida
1
0
-
$108,000
$0
-
Galesburg
3
19
-84.2%
$77,500
$72,450
7%
Williamsfield
1
0
-
$73,000
$0
-
Knoxville
5
3
66.7%
$63,000
$110,000
-42.7%
Dahinda
1
0
-
$58,000
$0
-
Maquon
2
0
-
$56,500
$0
-
Altona
1
0
-
$35,000
$0
-
Abingdon
2
2
0%
$12,000
$51,250
-76.6%
Yates City
1
0
-
$4,500
$0
-
Wataga
0
0
-
$0
$0
-
East Galesburg
0
1
-100%
$0
$113,000
-100%
Henderson
0
0
-
$0
$0
-
Rio
0
0
-
$0
$0
-
Gilson
0
0
-
$0
$0
-

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