From January to March, 92 homes sold in Pekin for a median price of $74,000. That's 2.2 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Pekin.
Median property tax for homeowners in Pekin was $2,211.65 in 2016 according to tax data from that year. That means homeowners pay 2.2 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.
Pekin real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
80
$95,414
-
2010
96
$96,330
1%
2011
79
$98,310
2.1%
2012
101
$92,541
-5.9%
2013
104
$96,066
3.8%
2014
87
$80,560
-16.1%
2015
95
$91,690
13.8%
2016
96
$100,800
9.9%
2017
79
$72,420
-28.2%
2018
92
$74,000
2.2%
Median property tax
Median sale price
Effective property tax rate
2009
$2,236.36
$95,414
2.3%
2010
$2,158.45
$96,330
2.2%
2011
$2,161.96
$98,310
2.2%
2012
$2,155.71
$92,541
2.3%
2013
$2,331.65
$96,066
2.4%
2014
$1,885.27
$80,560
2.3%
2015
$2,262.88
$91,690
2.5%
2016
$2,211.64
$100,800
2.2%
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