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Galesburg Reporter

Thursday, November 7, 2024

Oak Run home prices fell in June 2021

Realestate2

The median sale price of a home sold in June 2021 in Oak Run fell by $103,750 while total sales decreased by 60%, according to BlockShopper.com.

In June 2021, there were two homes sold, with a median sale price of $111,250 - a 48.3% decrease over the $215,000 median sale price for the same period of the previous year. There were five homes sold in Oak Run in June 2020.

The median sales tax in Oak Run for the most recent year with available data, 2019, was $6,284, approximately 5.6% of the median home sale price for June 2021.

The following table compares Oak Run to other Knox County cities in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Knoxville13-66.7%$155,000$36,000330.6%
Galesburg455-92.7%$125,000$90,00038.9%
Oak Run25-60%$111,250$215,000-48.3%
Abingdon15-80%$25,500$67,000-61.9%
Wataga03-100%$0$70,000-100%
Maquon01-100%$0$21,000-100%
East Galesburg02-100%$0$57,250-100%
Altona01-100%$0$69,000-100%
Henderson01-100%$0$138,000-100%
Williamsfield01-100%$0$82,000-100%
Dahinda01-100%$0$125,000-100%
Rio00-$0$0-
Gilson00-$0$0-
Oneida03-100%$0$103,000-100%
Yates City01-100%$0$114,500-100%

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