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Peoria Standard

Sunday, September 29, 2024

East Peoria home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in East Peoria fell by $7,250 while total sales increased by 1.6%, according to BlockShopper.com.

From July through September of 2018, there were 128 homes sold, with a median sale price of $126,000 - a 5.4% decrease over the $133,250 median sale price for the same period of the previous year. There were 126 homes sold in East Peoria in the third quarter of 2017.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,782.80, approximately 2.2% of the median home sale price for the third quarter of 2018.

The following table compares East Peoria to other Tazewell 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)
Morton1088231.7%$190,250$169,70012.1%
Washington1111028.8%$167,000$201,450-17.1%
Tremont1620-20%$156,500$163,750-4.4%
Heritage Lake710-30%$154,500$168,500-8.3%
Mackinaw17166.3%$142,500$135,0005.6%
East Peoria1281261.6%$126,000$133,250-5.4%
Hopedale212-83.3%$113,750$157,000-27.5%
Armington21100%$113,550$70,00062.2%
Marquette Heights990%$108,000$90,00020%
Delavan1216-25%$104,000$82,50026.1%
Green Valley94125%$100,178$162,550-38.4%

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