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Peoria Standard

Friday, November 22, 2024

Delavan home prices fall in January 2017

Re 5

The median sale price of a home sold in January 2017 in Delavan fell by $3,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2017, there were two homes sold, with a median sale price of $66,250 - a 5.4% decrease over the $70,000 median sale price for the same period of the previous year. There were three homes sold in Delavan in January 2016.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 3.7% of the median home sale price for January 2017.

The following table compares Delavan 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)
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%
Creve Coeur7540%$50,000$78,500-36.3%
Armington20-$42,500$0-

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