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Galesburg Reporter

Thursday, November 7, 2024

June 2021: Home prices in Galesburg increased

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The median sale price of a home sold in June 2021 in Galesburg rose by $35,000 while total sales decreased by 92.7%, according to BlockShopper.com.

In June 2021, there were four homes sold, with a median sale price of $125,000 - a 38.9% increase over the $90,000 median sale price for the same period of the previous year. There were 55 homes sold in Galesburg in June 2020.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 1.1% of the median home sale price for June 2021.

The following table compares Galesburg 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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