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Peoria Standard

Sunday, November 24, 2024

East Peoria home prices rise in 2017

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The median sale price of a home sold in 2017 in East Peoria rose by $6,950 while total sales decreased by 5.2%, according to BlockShopper.com.

From January through December of 2017, there were 418 homes sold, with a median sale price of $122,950 - a 6% increase over the $116,000 median sale price for the previous year. There were 441 homes sold in East Peoria in 2016.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 2.3% of the median home sale price for 2017.

The following table compares East Peoria to other Tazewell 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)
Washington345379-9%$170,000$165,0003%
Green Valley1726-34.6%$165,000$115,50042.9%
Heritage Lake2831-9.7%$161,500$166,000-2.7%
Mackinaw534226.2%$135,000$139,250-3.1%
Deer Creek161414.3%$134,950$94,75042.4%
East Peoria418441-5.2%$122,950$116,0006%
Minier26248.3%$116,000$107,3008.1%
Hopedale27270%$115,540$132,000-12.5%
Pekin569588-3.2%$87,000$88,750-2%
Marquette Heights573850%$85,000$87,750-3.1%
North Pekin262123.8%$83,250$70,00018.9%

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