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Peoria Standard

Thursday, April 17, 2025

Delavan home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Delavan fell by $61,250 while total sales increased by 71.4%, according to BlockShopper.com.

From January through March of 2018, there were 12 homes sold, with a median sale price of $46,250 - a 57% decrease over the $107,500 median sale price for the same period of the previous year. There were seven homes sold in Delavan in the first quarter of 2017.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,482.60, approximately 5.4% of the median home sale price for the first quarter of 2018.

The following table compares Delavan to other Tazewell County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Hopedale46-33.3%$124,250$135,750-8.5%
North Pekin36-50%$119,990$87,50037.1%
East Peoria1077837.2%$112,000$119,250-6.1%
Pekin927916.5%$74,000$71,0004.2%
Marquette Heights714-50%$67,000$88,250-24.1%
Green Valley81700%$65,000$135,000-51.9%
Minier50-$59,900$0-
Armington23-33.3%$54,750$45,00021.7%
Delavan12771.4%$46,250$107,500-57%
Creve Coeur16156.7%$39,500$54,500-27.5%
South Pekin220%$19,827.50$57,500-65.5%

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