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Peoria Standard

Sunday, November 24, 2024

Deer Creek home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Deer Creek rose by $94,950 while total sales increased by 42.9%, according to BlockShopper.com.

From July through December of 2017, there were 10 homes sold, with a median sale price of $144,950 - a 189.9% increase over the $50,000 median sale price for the same period of the previous year. There were seven homes sold in Deer Creek in the second half of 2016.

The median sales tax in Deer Creek for the most recent year with available data, 2016, was $2,826, approximately 1.9% of the median home sale price for the second half of 2017.

The following table compares Deer Creek to other Tazewell County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Washington1931892.1%$170,000$185,000-8.1%
Morton138169-18.3%$168,250$170,000-1%
Green Valley1213-7.7%$162,300$95,00070.8%
Heritage Lake16156.7%$159,375$161,000-1%
Tremont2835-20%$156,750$156,0000.5%
Deer Creek10742.9%$144,950$50,000189.9%
Hopedale16156.7%$135,250$112,00020.8%
Mackinaw322152.4%$135,000$143,500-5.9%
Minier151225%$131,000$113,80015.1%
East Peoria215218-1.4%$124,000$118,0005.1%
Pekin30627112.9%$93,750$85,00010.3%

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