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Galesburg Reporter

Tuesday, May 13, 2025

Oak Run home prices fell in 2021

Webp realestate1

The median sale price of a home sold in 2021 in Oak Run fell by $37,500 while total sales decreased by 4.2%, according to BlockShopper.com.

From January through December of 2021, there were 46 homes sold, with a median sale price of $220,000 - a 14.6% decrease over the $257,500 median sale price for the previous year. There were 48 homes sold in Oak Run in 2020.

The median sales tax in Oak Run for the most recent year with available data, 2019, was $6,284, approximately 2.9% of the median home sale price for 2021.

The following table compares Oak Run 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)
Dahinda46-33.3%$232,000$121,50090.9%
Oak Run4648-4.2%$220,000$257,500-14.6%
Rio45-20%$174,000$65,000167.7%
Knoxville3261-47.5%$123,500$90,00037.2%
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%

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