From January to March, 440 homes sold in Peoria for a median price of $107,000. That's 6.6 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Peoria.
Median property tax for homeowners in Peoria was $3,600.03 in 2016 according to tax data from that year. That means homeowners pay 3.1 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Peoria real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
297
$97,110
-
2010
373
$90,345
-7%
2011
281
$97,180
7.6%
2012
164
$119,846
23.3%
2013
382
$82,026
-31.6%
2014
285
$90,100
9.8%
2015
315
$86,920
-3.5%
2016
356
$115,500
32.9%
2017
340
$100,419
-13.1%
2018
440
$107,000
6.6%
Median property tax
Median sale price
Effective property tax rate
2009
$2,656.05
$97,110
2.7%
2010
$2,301.06
$90,345
2.5%
2011
$2,598.09
$97,180
2.7%
2012
$2,899.16
$119,846
2.4%
2013
$2,088.39
$82,026
2.5%
2014
$2,493.07
$90,100
2.8%
2015
$2,563.91
$86,920
2.9%
2016
$3,600.03
$115,500
3.1%
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