From April through June of 2017, there were 184 homes sold, with a median sale price of $85,000 - a 7.4% decrease over the $91,800 median sale price for the same period of the previous year. There were 221 homes sold in Pekin in the second quarter of 2016.
The median sales tax in Pekin for the most recent year with available data, 2016, was $2,015.50, approximately 2.4% of the median home sale price for the second quarter of 2017.
The following table compares Pekin to other Tazewell County cities with similar median sales prices in the second quarter of 2017:
City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
East Peoria | 125 | 129 | -3.1% | $123,900 | $118,000 | 5% |
Mackinaw | 17 | 11 | 54.5% | $117,500 | $135,000 | -13% |
Deer Creek | 3 | 7 | -57.1% | $109,000 | $100,000 | 9% |
Hopedale | 5 | 9 | -44.4% | $105,000 | $134,000 | -21.6% |
Minier | 11 | 8 | 37.5% | $95,000 | $95,000 | 0% |
Pekin | 184 | 221 | -16.7% | $85,000 | $91,800 | -7.4% |
North Pekin | 5 | 6 | -16.7% | $84,000 | $81,750 | 2.8% |
Delavan | 6 | 9 | -33.3% | $81,750 | $63,500 | 28.7% |
Marquette Heights | 14 | 12 | 16.7% | $81,500 | $107,450 | -24.2% |
Creve Coeur | 15 | 17 | -11.8% | $75,000 | $54,900 | 36.6% |
South Pekin | 3 | 6 | -50% | $74,900 | $45,000 | 66.4% |