From April to June, 575 homes sold in Peoria for a median price of $119,000. That's 10.6 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Peoria.
Median property tax for homeowners in Peoria was $3,197.76 in 2017 according to tax data from that year. That means homeowners pay 3 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 real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
431
$118,463
-
2010
546
$119,700
1%
2011
419
$113,000
-5.6%
2012
369
$107,910
-4.5%
2013
532
$118,800
10.1%
2014
530
$131,970
11.1%
2015
537
$127,200
-3.6%
2016
551
$120,750
-5.1%
2017
521
$107,610
-10.9%
2018
575
$119,000
10.6%
Median property tax
Median sale price
Effective property tax rate
2009
$2,837.36
$118,463
2.4%
2010
$2,740.34
$119,700
2.3%
2011
$2,872.29
$113,000
2.5%
2012
$2,669.78
$107,910
2.5%
2013
$2,755.38
$118,800
2.3%
2014
$3,058.54
$131,970
2.3%
2015
$3,025.66
$127,200
2.4%
2016
$3,389.86
$120,750
2.8%
2017
$3,197.76
$107,610
3%
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