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Galesburg Reporter

Saturday, November 23, 2024

Knox County home prices rose in 2022

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The median sale price of a home sold in 2022 in Knox County rose by $2,400 while total sales decreased by 25.1%.

From January through December of 2022, there were 699 homes sold, with a median sale price of $79,900 - a 3.1% increase over the $77,500 median sale price for the same period of the previous year. There were 933 homes sold in Knox County in 2021.

The median sales tax in Knox County for the most recent year with available data, 2021, was $1,474 approximately 1.8% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Knox County from January 2021 to December 2022.

20212022$77500$77500$79900$79900

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