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Peoria Standard

Friday, April 26, 2024

Q2 real estate sales report: Peoria Heights

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Median prices rose in Peoria Heights over last year, and are up 11.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 22 homes sold in Peoria Heights for a median price of $96,500. That's 19 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Peoria Heights.

Median property tax for homeowners in Peoria Heights was $1,925.98 in 2017 according to tax data from that year. That means homeowners pay 2.4 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Peoria Heights real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
24
$86,647
-
2010
24
$88,022
1.6%
2011
32
$79,100
-10.1%
2012
24
$70,033
-11.5%
2013
20
$64,697
-7.6%
2014
22
$75,260
16.3%
2015
31
$67,840
-9.9%
2016
40
$69,773
2.8%
2017
33
$81,090
16.2%
2018
22
$96,500
19%

Median property tax
Median sale price
Effective property tax rate
2009
$2,343.48
$86,647
2.7%
2010
$1,765.47
$88,022
2%
2011
$1,853.33
$79,100
2.3%
2012
$1,469.43
$70,033
2.1%
2013
$1,909.17
$64,697
3%
2014
$1,850.01
$75,260
2.5%
2015
$2,067.44
$67,840
3%
2016
$1,782.01
$69,773
2.6%
2017
$1,925.98
$81,090
2.4%

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