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Galesburg Reporter

Thursday, November 7, 2024

Pricing for the median home in Abingdon increased during the first half of 2021

Re 6

The median sale price of a home sold in the first half of 2021 in Abingdon rose by $34,750 while total sales decreased by 23.1%, according to BlockShopper.com.

From January through June of 2021, there were 20 homes sold, with a median sale price of $65,000 - a 114.9% increase over the $30,250 median sale price for the same period of the previous year. There were 26 homes sold in Abingdon in the first half of 2020.

The median sales tax in Abingdon for the most recent year with available data, 2019, was $1,210, approximately 1.9% of the median home sale price for the first half of 2021.

The following table compares Abingdon to other Knox County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Henderson23-33.3%$122,500$138,000-11.2%
Gilson91800%$90,000$14,500520.7%
Williamsfield23-33.3%$87,750$73,00020.2%
Wataga710-30%$80,000$68,00017.6%
Yates City5366.7%$75,000$107,500-30.2%
Oneida410-60%$72,500$109,000-33.5%
Abingdon2026-23.1%$65,000$30,250114.9%
Altona78-12.5%$64,000$52,50021.9%
Maquon27-71.4%$61,000$27,000125.9%
Galesburg133230-42.2%$60,000$65,750-8.7%
East Galesburg330%$33,000$25,00032%

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