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Galesburg Reporter

Tuesday, November 26, 2024

Galesburg home prices rose in February 2021

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The median sale price of a home sold in February 2021 in Galesburg rose by $94,500 while total sales decreased by 93.5%, according to BlockShopper.com.

In February 2021, there were two homes sold, with a median sale price of $146,000 - a 183.5% increase over the $51,500 median sale price for the same period of the previous year. There were 31 homes sold in Galesburg in February 2020.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 1% of the median home sale price for February 2021.

The following table compares Galesburg to other Knox County cities in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Oak Run24-50%$175,000$147,00019%
Galesburg231-93.5%$146,000$51,500183.5%
Knoxville14-75%$137,500$49,000180.6%
Gilson20-$108,750$0-
Oneida12-50%$95,000$131,500-27.8%
Wataga10-$73,000$0-
Williamsfield10-$55,500$0-
Abingdon220%$49,000$64,500-24%
Altona10-$40,000$0-
East Galesburg10-$35,000$0-
Henderson00-$0$0-
Dahinda00-$0$0-
Rio00-$0$0-
Yates City00-$0$0-
Maquon00-$0$0-

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