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Peoria Standard

Friday, November 22, 2024

Marquette Heights home prices rise in January 2017

Re 7

The median sale price of a home sold in January 2017 in Marquette Heights rose by $8,900 while total sales increased by 50%, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $65,400 - a 15.8% increase over the $56,500 median sale price for the same period of the previous year. There were four homes sold in Marquette Heights in January 2016.

The median sales tax in Marquette Heights for the most recent year with available data, 2016, was $1,913, approximately 2.9% of the median home sale price for January 2017.

The following table compares Marquette Heights 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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