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Peoria Standard

Monday, November 25, 2024

Bellevue home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Bellevue rose by $116,700 while total sales increased by 50%, according to BlockShopper.com.

In March 2017, there were three homes sold, with a median sale price of $169,900 - a 219.4% increase over the $53,200 median sale price for the same period of the previous year. There were two homes sold in Bellevue in March 2016.

The median sales tax in Bellevue for 2017 was $1,713. In 2016, the median sales tax was $1,647. This marks an increase of 4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Lake Camelot23-33.3%$174,300$165,0005.6%
Bellevue3250%$169,900$53,200219.4%
Chillicothe814-42.9%$137,750$111,25023.8%
Norwood10-$128,000$0-
Glasford10-$122,000$0-
Dunlap10-$110,000$0-
Hanna City31200%$108,000$259,000-58.3%
Princeville31200%$105,000$69,90050.2%
Elmwood41300%$94,950$56,00069.6%
Peoria15814310.5%$94,750$111,000-14.6%
West Peoria880%$72,450$88,250-17.9%

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