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Peoria Standard

Sunday, November 24, 2024

Pekin (Tazewell County) home prices fall in 2017

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The median sale price of a home sold in 2017 in Pekin in Tazewell County fell by $1,750 while total sales decreased by 3.2%, according to BlockShopper.com.

From January through December of 2017, there were 569 homes sold, with a median sale price of $87,000 - a 2% decrease over the $88,750 median sale price for the previous year. There were 588 homes sold in Pekin in 2016.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.3% of the median home sale price for 2017.

The following table compares Pekin 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)
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%
Delavan44417.3%$76,450$85,000-10.1%
South Pekin1315-13.3%$74,900$46,00062.8%
Creve Coeur7279-8.9%$64,000$54,90016.6%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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