From October to December, 567 homes sold in Peoria for a median price of $99,400. That's 16 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Peoria.
Median property tax for homeowners in Peoria was $3,510.45 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
521
$96,968
-
2010
361
$109,440
12.9%
2011
32
$41,754
-61.8%
2012
472
$116,576
179.2%
2013
511
$100,440
-13.8%
2014
465
$114,480
14%
2015
417
$109,710
-4.2%
2016
423
$102,785
-6.3%
2017
487
$118,320
15.1%
2018
567
$99,400
-16%
Median property tax
Median sale price
Effective property tax rate
2009
$2,214.07
$96,968
2.3%
2010
$2,520.44
$109,440
2.3%
2011
$1,372.91
$41,754
3.3%
2012
$2,783
$116,576
2.4%
2013
$2,501.94
$100,440
2.5%
2014
$2,836.54
$114,480
2.5%
2015
$2,788.56
$109,710
2.5%
2016
$2,870.44
$102,785
2.8%
2017
$3,510.45
$118,320
3%
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