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Galesburg Reporter

Sunday, November 24, 2024

October 2021: Home prices in Galesburg increased

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The median sale price of a home sold in October 2021 in Galesburg rose by $27,000 while total sales decreased by 91.7%, according to BlockShopper.com.

In October 2021, there were four homes sold, with a median sale price of $103,000 - a 35.5% increase over the $76,000 median sale price for the same period of the previous year. There were 48 homes sold in Galesburg in October 2020.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 1.4% of the median home sale price for October 2021.

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

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Williamsfield12-50%$343,000$69,500393.5%
Oak Run17-85.7%$310,000$220,00040.9%
Wataga20-$162,250$0-
Abingdon14-75%$142,500$33,000331.8%
Galesburg448-91.7%$103,000$76,00035.5%
Knoxville14-75%$85,000$95,000-10.5%
Altona00-$0$0-
Henderson00-$0$0-
Dahinda00-$0$0-
Rio00-$0$0-
Gilson00-$0$0-
Oneida01-100%$0$245,000-100%
Yates City00-$0$0-
Maquon00-$0$0-
East Galesburg02-100%$0$73,000-100%

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