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Peoria Standard

Sunday, September 29, 2024

Princeville home prices fall in the third quarter of 2018

Realestate5

The median sale price of a home sold in the third quarter of 2018 in Princeville fell by $40,500 while total sales decreased by 45.5%, according to BlockShopper.com.

From July through September of 2018, there were six homes sold, with a median sale price of $86,500 - a 31.9% decrease over the $127,000 median sale price for the same period of the previous year. There were 11 homes sold in Princeville in the third quarter of 2017.

The median sales tax in Princeville for the most recent year with available data, 2017, was $2,997.60, approximately 3.5% of the median home sale price for the third quarter of 2018.

The following table compares Princeville to other Peoria County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Brimfield45-20%$140,887.50$135,0004.4%
Chillicothe3738-2.6%$128,500$92,00039.7%
Bellevue73133.3%$125,000$82,50051.5%
Peoria63451024.3%$114,950$112,7002%
Hanna City8560%$96,000$139,000-30.9%
Princeville611-45.5%$86,500$127,000-31.9%
Bartonville443525.7%$86,000$80,5006.8%
Glasford7616.7%$70,000$70,500-0.7%
Elmwood716-56.3%$69,000$128,250-46.2%
West Peoria252213.6%$68,000$66,9001.6%
Norwood21100%$68,000$50,00036%

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