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Galesburg Reporter

Thursday, November 7, 2024

What happened to the median home price in Oneida during the first half of 2021?

Re 2

The median sale price of a home sold in the first half of 2021 in Oneida fell by $36,500 while total sales decreased by 60%, according to BlockShopper.com.

From January through June of 2021, there were four homes sold, with a median sale price of $72,500 - a 33.5% decrease over the $109,000 median sale price for the same period of the previous year. There were 10 homes sold in Oneida in the first half of 2020.

The median sales tax in Oneida for the most recent year with available data, 2019, was $1,463, approximately 2% of the median home sale price for the first half of 2021.

The following table compares Oneida 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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