Galesburg home prices rise in October 2020

Medium realestate4

The median sale price of a home sold in October 2020 in Galesburg rose by $13,000 while total sales decreased by 85%, according to BlockShopper.com.

In October 2020, there were six homes sold, with a median sale price of $82,500 - a 18.7% increase over the $69,500 median sale price for the same period of the previous year. There were 40 homes sold in Galesburg in October 2019.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 1.7% of the median home sale price for October 2020.

The following table compares Galesburg 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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