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Galesburg Reporter

Sunday, November 24, 2024

August 2021: Home prices in Galesburg increased

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The median sale price of a home sold in August 2021 in Galesburg rose by $43,000 while total sales decreased by 79.2%, according to BlockShopper.com.

In August 2021, there were 11 homes sold, with a median sale price of $105,000 - a 69.4% increase over the $62,000 median sale price for the same period of the previous year. There were 53 homes sold in Galesburg in August 2020.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 1.3% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Oak Run17-85.7%$695,000$275,000152.7%
Wataga110%$155,000$30,000416.7%
Galesburg1153-79.2%$105,000$62,00069.4%
Abingdon25-60%$76,000$125,000-39.2%
Yates City00-$0$0-
Maquon02-100%$0$116,500-100%
Knoxville015-100%$0$110,000-100%
East Galesburg00-$0$0-
Altona03-100%$0$80,000-100%
Henderson00-$0$0-
Williamsfield03-100%$0$88,000-100%
Dahinda02-100%$0$100,500-100%
Rio00-$0$0-
Gilson00-$0$0-
Oneida01-100%$0$104,000-100%

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