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Galesburg Reporter

Tuesday, May 13, 2025

Falling home prices in Maquon in 2021

Webp re 12

The median sale price of a home sold in 2021 in Maquon fell by $7,500 while total sales decreased by 45.5%, according to BlockShopper.com.

From January through December of 2021, there were six homes sold, with a median sale price of $27,500 - a 21.4% decrease over the $35,000 median sale price for the previous year. There were 11 homes sold in Maquon in 2020.

The median sales tax in Maquon for the most recent year with available data, 2019, was $1,104, approximately 4% of the median home sale price for 2021.

The following table compares Maquon to other Knox County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Henderson47-42.9%$122,500$100,00022.5%
Gilson115120%$90,000$15,000500%
East Galesburg710-30%$85,000$44,50091%
Wataga15150%$80,000$70,00014.3%
Yates City131030%$79,000$92,500-14.6%
Galesburg452573-21.1%$73,000$65,50011.5%
Altona1114-21.4%$64,000$52,50021.9%
Abingdon4353-18.9%$63,000$40,00057.5%
Williamsfield513-61.5%$62,000$73,000-15.1%
Oneida521-76.2%$50,000$104,000-51.9%
Maquon611-45.5%$27,500$35,000-21.4%

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