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Peoria Standard

Sunday, September 29, 2024

North Pekin home prices rise 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 North Pekin rose by $2,500 while total sales decreased by 57.1%, according to BlockShopper.com.

From July through September of 2018, there were three homes sold, with a median sale price of $85,000 - a 3% increase over the $82,500 median sale price for the same period of the previous year. There were seven homes sold in North Pekin in the third quarter of 2017.

The median sales tax in North Pekin for the most recent year with available data, 2016, was $1,359.90, approximately 1.6% of the median home sale price for the third quarter of 2018.

The following table compares North Pekin 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)
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%
Pekin167169-1.2%$95,000$100,000-5%
Minier10100%$89,500$126,200-29.1%
North Pekin37-57.1%$85,000$82,5003%
Deer Creek24-50%$69,000$173,000-60.1%
Creve Coeur2131-32.3%$65,000$69,400-6.3%
South Pekin6450%$49,950$71,500-30.1%

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