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Galesburg Reporter

Tuesday, May 13, 2025

Knoxville median home prices rose by 30.8% in the second half of 2021

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The median sale price of a home sold in the second half of 2021 in Knoxville rose by $28,000 while total sales decreased by 61.1%, according to BlockShopper.com.

From July through December of 2021, there were 14 homes sold, with a median sale price of $119,000 - a 30.8% increase over the $91,000 median sale price for the same period of the previous year. There were 36 homes sold in Knoxville in the second half of 2020.

The median sales tax in Knoxville for the most recent year with available data, 2019, was $1,795, approximately 1.5% of the median home sale price for the second half of 2021.

The following table compares Knoxville 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)
Gilson14-75%$285,000$105,000171.4%
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%

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