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Peoria Standard

Sunday, November 24, 2024

West Peoria home prices fall in 2017

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The median sale price of a home sold in 2017 in West Peoria fell by $4,500 while total sales increased by 15.7%, according to BlockShopper.com.

From January through December of 2017, there were 96 homes sold, with a median sale price of $71,500 - a 5.9% decrease over the $76,000 median sale price for the previous year. There were 83 homes sold in West Peoria in 2016.

The median sales tax in West Peoria for 2017 was $1,748. In 2016, the median sales tax was $1,727. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares West Peoria to other Peoria County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Princeville2835-20%$97,500$102,500-4.9%
Brimfield177142.9%$90,000$85,0005.9%
Mapleton9728.6%$88,000$37,500134.7%
Norwood910-10%$86,500$52,50064.8%
Hanna City292516%$83,000$105,000-21%
Bellevue2227-18.5%$80,000$68,50016.8%
Bartonville116130-10.8%$79,550$84,531.83-5.9%
Kingston Mines7475%$72,000$10,462588.2%
West Peoria968315.7%$71,500$76,000-5.9%
Peoria Heights1211200.8%$70,500$81,000-13%
Glasford1219-36.8%$53,566.50$70,000-23.5%

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