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Galesburg Reporter

Tuesday, November 26, 2024

Galesburg home prices rose in July 2021

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The median sale price of a home sold in July 2021 in Galesburg rose by $3,000 while total sales decreased by 89%, according to BlockShopper.com.

In July 2021, there were eight homes sold, with a median sale price of $69,500 - a 4.5% increase over the $66,500 median sale price for the same period of the previous year. There were 73 homes sold in Galesburg in July 2020.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 2% of the median home sale price for July 2021.

The following table compares Galesburg to other Knox County cities in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Oak Run14-75%$160,000$192,000-16.7%
Knoxville36-50%$130,000$83,00056.6%
Galesburg873-89%$69,500$66,5004.5%
Abingdon15-80%$40,000$10,000300%
Yates City01-100%$0$86,000-100%
Wataga00-$0$0-
Maquon01-100%$0$65,000-100%
East Galesburg01-100%$0$49,000-100%
Altona01-100%$0$48,000-100%
Henderson01-100%$0$67,000-100%
Williamsfield00-$0$0-
Dahinda00-$0$0-
Rio02-100%$0$115,000-100%
Gilson01-100%$0$195,000-100%
Oneida02-100%$0$48,000-100%

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