Knoxville home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Knoxville fell by $24,750 while total sales decreased by 66.7%, according to BlockShopper.com.

In October 2020, there were two homes sold, with a median sale price of $44,000 - a 36% decrease over the $68,750 median sale price for the same period of the previous year. There were six homes sold in Knoxville in October 2019.

The median sales tax in Knoxville for the most recent year with available data, 2019, was $1,795, approximately 4.1% of the median home sale price for October 2020.

The following table compares Knoxville to other Knox County cities in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Oak Run46-33.3%$211,000$232,500-9.2%
Williamsfield13-66.7%$129,000$95,00035.8%
Galesburg640-85%$82,500$69,50018.7%
Knoxville26-66.7%$44,000$68,750-36%
East Galesburg110%$21,000$19,5007.7%
Abingdon26-66.7%$17,000$61,250-72.2%
Wataga03-100%$0$46,000-100%
Maquon02-100%$0$26,500-100%
Altona02-100%$0$55,500-100%
Henderson00-$0$0-
Dahinda00-$0$0-
Rio00-$0$0-
Gilson00-$0$0-
Oneida01-100%$0$60,000-100%
Yates City01-100%$0$27,500-100%

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