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Peoria Standard

Friday, November 22, 2024

West Peoria home prices fall in January 2017

Realestate4

The median sale price of a home sold in January 2017 in West Peoria fell by $9,000 while total sales increased by 40%, according to BlockShopper.com.

In January 2017, there were seven homes sold, with a median sale price of $60,000 - a 13% decrease over the $69,000 median sale price for the same period of the previous year. There were five homes sold in West Peoria in January 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 2.9%.

The following table compares West Peoria to other Peoria County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Lake Camelot110%$190,000$307,000-38.1%
Chillicothe37-57.1%$174,000$107,50061.9%
Dunlap20-$167,500$0-
Elmwood12-50%$95,000$68,00039.7%
Peoria98111-11.7%$91,450$98,000-6.7%
Norwood220%$61,500$77,100-20.2%
West Peoria7540%$60,000$69,000-13%
Brimfield110%$58,000$130,000-55.4%
Peoria Heights5425%$40,000$53,350-25%
Bartonville45-20%$30,815.50$53,000-41.9%
Glasford00-$0$0-
Kingston Mines00-$0$0-
Rome03-100%$0$84,000-100%
Mapleton01-100%$0$10,000-100%
Hanna City01-100%$0$120,000-100%
Princeville02-100%$0$133,500-100%
Bellevue01-100%$0$15,000-100%

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