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Galesburg Reporter

Thursday, November 7, 2024

Oak Run home prices rose in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Oak Run rose by $5,250 while total sales increased by 11.1%, according to BlockShopper.com.

From January through June of 2021, there were 20 homes sold, with a median sale price of $200,250 - a 2.7% increase over the $195,000 median sale price for the same period of the previous year. There were 18 homes sold in Oak Run in the first half of 2020.

The median sales tax in Oak Run for the most recent year with available data, 2019, was $6,284, approximately 3.1% of the median home sale price for the first half of 2021.

The following table compares Oak Run 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)
Dahinda3250%$299,000$91,500226.8%
Oak Run201811.1%$200,250$195,0002.7%
Rio3250%$200,000$66,500200.8%
Knoxville1225-52%$143,750$86,00067.2%
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%

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