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Galesburg Reporter

Tuesday, May 13, 2025

The second half of 2021: Yates City experienced a 42.8% drop in median home prices

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The median sale price of a home sold in the second half of 2021 in Yates City fell by $38,500 while total sales decreased by 42.9%, according to BlockShopper.com.

From July through December of 2021, there were four homes sold, with a median sale price of $51,500 - a 42.8% decrease over the $90,000 median sale price for the same period of the previous year. There were seven homes sold in Yates City in the second half of 2020.

The median sales tax in Yates City for the most recent year with available data, 2019, was $2,056, approximately 4% of the median home sale price for the second half of 2021.

The following table compares Yates City to other Knox County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Dahinda14-75%$165,000$123,50033.6%
Altona16-83.3%$155,000$64,000142.2%
East Galesburg37-57.1%$135,000$49,000175.5%
Henderson24-50%$127,000$99,00028.3%
Knoxville1436-61.1%$119,000$91,00030.8%
Wataga6520%$95,000$81,00017.3%
Rio13-66.7%$80,000$65,00023.1%
Galesburg193343-43.7%$80,000$65,50022.1%
Abingdon1627-40.7%$66,500$45,00047.8%
Yates City47-42.9%$51,500$90,000-42.8%
Maquon440%$15,500$53,250-70.9%

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