From October to December, 143 homes sold in Pekin for a median price of $87,000. That's 4.1 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Pekin.
Median property tax for homeowners in Pekin was $2,348.03 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.
Pekin real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
144
$103,984
-
2010
103
$105,450
1.4%
2011
103
$92,660
-12.1%
2012
144
$98,373
6.2%
2013
128
$94,770
-3.7%
2014
166
$92,167
-2.7%
2015
145
$101,760
10.4%
2016
131
$90,825
-10.7%
2017
137
$83,538
-8%
2018
143
$87,000
4.1%
Median property tax
Median sale price
Effective property tax rate
2009
$1,946.62
$103,984
1.9%
2010
$2,213.85
$105,450
2.1%
2011
$1,777.94
$92,660
1.9%
2012
$2,213.98
$98,373
2.3%
2013
$2,217.65
$94,770
2.3%
2014
$1,992.12
$92,167
2.2%
2015
$2,349.36
$101,760
2.3%
2016
$2,348.03
$90,825
2.6%
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