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Galesburg Reporter

Tuesday, November 26, 2024

February 2021: Home prices in Oak Run increased

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The median sale price of a home sold in February 2021 in Oak Run rose by $28,000 while total sales decreased by 50%, according to BlockShopper.com.

In February 2021, there were two homes sold, with a median sale price of $175,000 - a 19% increase over the $147,000 median sale price for the same period of the previous year. There were four homes sold in Oak Run in February 2020.

The median sales tax in Oak Run for the most recent year with available data, 2019, was $6,284, approximately 3.6% of the median home sale price for February 2021.

The following table compares Oak Run 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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