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Peoria Standard

Sunday, November 24, 2024

Q2 real estate sales report: East Peoria

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Median prices rose in East Peoria over last year, and are down 6.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 134 homes sold in East Peoria for a median price of $126,750. That's 0.3 percent higher than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in East Peoria was $3,234.29 in 2016 according to tax data from that year. That means homeowners pay 2.6 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.

East Peoria real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
95
$135,720
-
2010
134
$135,660
-0%
2011
90
$139,838
3.1%
2012
120
$126,440
-9.6%
2013
120
$122,580
-3.1%
2014
119
$134,355
9.6%
2015
160
$131,917
-1.8%
2016
129
$123,900
-6.1%
2017
125
$126,378
2%
2018
134
$126,750
0.3%

Median property tax
Median sale price
Effective property tax rate
2009
$2,992.11
$135,720
2.2%
2010
$3,132.33
$135,660
2.3%
2011
$3,435.75
$139,838
2.5%
2012
$3,207.69
$126,440
2.5%
2013
$2,820.49
$122,580
2.3%
2014
$3,245.65
$134,355
2.4%
2015
$3,489.11
$131,917
2.6%
2016
$3,234.29
$123,900
2.6%

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