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Peoria Standard

Friday, November 22, 2024

Morton home prices rise in January 2017

Realestate077

The median sale price of a home sold in January 2017 in Morton rose by $37,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In January 2017, there were 12 homes sold, with a median sale price of $188,250 - a 24.9% increase over the $150,750 median sale price for the same period of the previous year. There were 14 homes sold in Morton in January 2016.

The median sales tax in Morton for the most recent year with available data, 2016, was $3,678, approximately 2% of the median home sale price for January 2017.

The following table compares Morton to other Tazewell County cities with similar median sales prices 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)
Tremont42100%$307,500$265,059.5016%
Morton1214-14.3%$188,250$150,75024.9%
Washington1920-5%$176,500$141,70024.6%
Heritage Lake30-$169,500$0-
North Pekin12-50%$145,000$57,000154.4%
Mackinaw23-33.3%$98,500$200,000-50.8%
East Peoria25244.2%$92,000$123,950-25.8%
Pekin2630-13.3%$70,500$80,000-11.9%
Delavan23-33.3%$66,250$70,000-5.4%
Marquette Heights6450%$65,400$56,50015.8%
Hopedale110%$60,000$140,000-57.1%

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