January 2021: Home prices in Galesburg fell

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The median sale price of a home sold in January 2021 in Galesburg fell by $6,750 while total sales decreased by 92.9%, according to BlockShopper.com.

In January 2021, there were two homes sold, with a median sale price of $50,750 - a 11.7% decrease over the $57,500 median sale price for the same period of the previous year. There were 28 homes sold in Galesburg in January 2020.

The median sales tax in Galesburg for the most recent year with available data, 2019, was $1,398, approximately 2.8% of the median home sale price for January 2021.

The following table compares Galesburg to other Knox County cities in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Oak Run220%$493,500$287,50071.7%
Knoxville15-80%$181,000$63,000187.3%
Rio10-$148,000$0-
Henderson20-$122,500$0-
Abingdon35-40%$60,000$28,500110.5%
Galesburg228-92.9%$50,750$57,500-11.7%
East Galesburg10-$33,000$0-
Yates City110%$25,000$4,500455.6%
Gilson10-$16,000$0-
Wataga00-$0$0-
Maquon02-100%$0$56,500-100%
Altona01-100%$0$35,000-100%
Williamsfield01-100%$0$73,000-100%
Dahinda01-100%$0$58,000-100%
Oneida01-100%$0$108,000-100%

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