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Galesburg Reporter

Thursday, April 18, 2024

Oak Run home prices fall in February 2020

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The median sale price of a home sold in February 2020 in Oak Run fell by $107,500 while total sales increased by 50%, according to BlockShopper.com.

In February 2020, there were three homes sold, with a median sale price of $150,000 - a 41.7% decrease over the $257,500 median sale price for the same period of the previous year. There were two homes sold in Oak Run in February 2019.

The median sales tax in Oak Run for the most recent year with available data, 2018, was $6,164, approximately 4.1% of the median home sale price for February 2020.

The following table compares Oak Run to other Knox County cities in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Oak Run3250%$150,000$257,500-41.7%
Oneida10-$129,000$0-
Knoxville30-$78,000$0-
Galesburg133-97%$68,000$67,0001.5%
Abingdon220%$64,500$36,25077.9%
East Galesburg01-100%$0$43,000-100%
Altona01-100%$0$146,500-100%
Henderson01-100%$0$38,000-100%
Williamsfield01-100%$0$24,900-100%
Dahinda00-$0$0-
Rio01-100%$0$147,000-100%
Gilson01-100%$0$50,000-100%
Yates City01-100%$0$24,000-100%
Wataga00-$0$0-
Maquon00-$0$0-

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