From July through December of 2017, there were 18 homes sold, with a median sale price of $106,500 - a 7.6% decrease over the $115,250 median sale price for the same period of the previous year. There were 20 homes sold in Princeville in the second half of 2016.
The median sales tax in Princeville for 2017 was $2,998. In 2016, the median sales tax was $3,011. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares Princeville to other Peoria County cities with similar median sales prices in the second half of 2017:
| City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elmwood | 24 | 26 | -7.7% | $120,450 | $75,812.50 | 58.9% |
| Mapleton | 7 | 4 | 75% | $120,000 | $66,250 | 81.1% |
| Peoria | 997 | 957 | 4.2% | $115,000 | $109,000 | 5.5% |
| Rome | 19 | 13 | 46.2% | $114,050 | $114,000 | 0% |
| Chillicothe | 67 | 53 | 26.4% | $106,900 | $100,000 | 6.9% |
| Princeville | 18 | 20 | -10% | $106,500 | $115,250 | -7.6% |
| Brimfield | 8 | 4 | 100% | $92,500 | $77,500 | 19.4% |
| Bartonville | 62 | 70 | -11.4% | $80,000 | $97,500 | -17.9% |
| Bellevue | 12 | 12 | 0% | $78,375 | $59,250 | 32.3% |
| Hanna City | 16 | 11 | 45.5% | $73,450 | $85,000 | -13.6% |
| Peoria Heights | 64 | 58 | 10.3% | $73,000 | $87,000 | -16.1% |
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