From October through December of 2017, there were 137 homes sold, with a median sale price of $81,900 - a 5.3% decrease over the $86,500 median sale price for the same period of the previous year. There were 131 homes sold in Pekin in the fourth quarter of 2016.
The median sales tax in Pekin for the most recent year with available data, 2016, was $2,015.50, approximately 2.5% of the median home sale price for the fourth quarter of 2017.
The following table compares Pekin to other Tazewell County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minier | 5 | 4 | 25% | $131,000 | $97,300 | 34.6% |
| Heritage Lake | 6 | 6 | 0% | $130,500 | $170,750 | -23.6% |
| Deer Creek | 6 | 2 | 200% | $124,950 | $83,750 | 49.2% |
| East Peoria | 89 | 93 | -4.3% | $115,000 | $111,500 | 3.1% |
| Hopedale | 4 | 7 | -42.9% | $94,650 | $132,000 | -28.3% |
| Pekin | 137 | 131 | 4.6% | $81,900 | $86,500 | -5.3% |
| Marquette Heights | 20 | 10 | 100% | $80,950 | $90,500 | -10.6% |
| South Pekin | 4 | 1 | 300% | $80,700 | $36,000 | 124.2% |
| North Pekin | 8 | 3 | 166.7% | $65,000 | $85,000 | -23.5% |
| Delavan | 15 | 19 | -21.1% | $58,000 | $93,000 | -37.6% |
| Creve Coeur | 11 | 21 | -47.6% | $51,600 | $49,000 | 5.3% |
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