Knox County, IL Home Values & Market Trends

The median home price in Knox County, IL is $93,445.51. There were 912 home sales in Knox County, IL over the past 12 months. The median residential Knox County, IL home value for transactions over the previous year is $77,977. The number of current listings in Knox County, IL is 19, and the percentage of properties for sale is 19.00%. The county has 83 foreclosures, 8 bank owned properties, 9 headed for auction, and 19 properties for sale.

Knox County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Galesburg

$ 72,533

$ 61/sqft

Maquon

$ --

$ --

Dahinda

$ 420,680

$ 159/sqft

Gilson

$ --

$ --

Knoxville

$ 118,074

$ 87/sqft

Altona

$ --

$ --

Yates City

$ 73,207

$ 53/sqft

Oneida

$ --

$ --

Wataga

$ 190,761

$ 108/sqft

Saint Augustine

$ --

$ --

Abingdon

$ 95,108

$ 91/sqft

East Galesburg

$ --

$ --

Rio

$ 135,000

$ 133/sqft

Williamsfield

$ --

$ --

Victoria

$ --

$ --

Henderson

$ --

$ --

Housing Market Summary for Knox County, IL

Apr 2023March 2024Change
Median Listing Price$110K$91,134-17.15%
Median Sold Price$89,565.857$91,1341.75%
Homes For Sale2716-40.74%
Homes Sold42948813.75%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Knox County, IL

Knox County, IL home values range from $14,554 to $1,369,290. Dahinda is the priciest city with a median listing home price of $527,500, and Abingdon is most affordable with average house prices of around $85,950.

Foreclosure
There are 16 cities within Knox County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $278,778 in Galesburg to the lowest value of $24,399 in Galesburg. Foreclosure homes account for 0.00% of properties in Knox County, IL with Galesburg containing 51 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.37% of all residential properties in Knox County, IL with Galesburg containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Knox County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $243,043 in Dahinda to the lowest home value of $24,399 in Galesburg.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Knox County, IL ranges from the highest value of $78,081 in East Galesburg to the lowest value of $39,802 in Galesburg. Bank owned homes and properties account for 0.04% of properties in Knox County, IL. There are 16 cities within Knox County, IL; Galesburg containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Galesburg has 6 auction properties, the highest number of properties going to auction in a single city in the state of Knox County, IL. Auction homes and other auction properties account for 0.05% of all properties in Knox County, IL. There are 16 cities within Knox County, IL; of those cities, the median estimated home value for homes going to auction ranges from $337,220 in Wataga to the lowest value of $44,415 in Wataga.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Knox County, IL with Galesburg containing 5 homes for sale, the highest number of listed properties in a single city. There are 16 cities within Knox County, IL; homes for sale in those cities, have a range of median values from $555,900 in Dahinda to the lowest value of $26,873 in Galesburg.
    Sold Homes
    The median value for recently sold homes ranges from $195,643 in Altona to the lowest price of $17,230 in Altona. There are 16 cities within Knox County, IL. Galesburg has 315 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.81% of properties in Knox County, IL.

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      Guide for Knox County, IL

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Knox County, IL

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