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Galesburg Reporter

Wednesday, November 20, 2024

Home prices in Knox County during June 2024 increased compared to the same period in 2023

Re 10

In June, the median sale price of a home in Knox County rose by $17,200 from the same period in the previous year, while total sales decreased by 30.6%, according to BlockShopper.com.

Data shows that there were 34 homes sold in June, with a median sale price of $110,700 - an 18.4% increase over the $93,500 median sale price for the same period of the previous year. There were 49 homes sold in Knox County in June 2023.

For context, the median sales tax in Knox County, based on the latest available data from 2021, was $1,474, which stands at 1.3% of June's median home sale price.

The following histogram displays changes in median sales prices in Knox County from June 2023 to June 2024.

June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024$93,500$93,500$90,000$90,000$99,000$99,000$79,000$79,000$67,500$67,500$83,900$83,900$0$0$87,500$87,500$85,000$85,000$70,000$70,000$91,250$91,250$68,000$68,000$110,700$110,700

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