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Galesburg Reporter

Thursday, November 7, 2024

Home prices decreased in Yates City during the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Yates City fell by $58,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From April through June of 2021, there were two homes sold, with a median sale price of $52,500 - a 52.7% decrease over the $111,000 median sale price for the same period of the previous year. There were two homes sold in Yates City in the second quarter of 2020, as well.

The median sales tax in Yates City for the most recent year with available data, 2019, was $2,056, approximately 3.9% of the median home sale price for the second quarter of 2021.

The following table compares Yates City to other Knox County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Oak Run1011-9.1%$181,000$215,000-15.8%
Knoxville711-36.4%$137,500$90,00052.8%
Williamsfield110%$120,000$82,00046.3%
Gilson51400%$93,000$14,500541.4%
Galesburg50136-63.2%$81,250$73,00011.3%
Abingdon880%$79,000$61,00029.5%
Wataga47-42.9%$77,500$92,000-15.8%
Altona26-66.7%$57,750$53,5007.9%
Yates City220%$52,500$111,000-52.7%
Oneida34-25%$50,000$79,000-36.7%
Maquon14-75%$30,000$25,50017.6%

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