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Peoria Standard

Friday, November 22, 2024

North Pekin home prices fall in February 2017

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The median sale price of a home sold in February 2017 in North Pekin fell by $14,122 while total sales increased by 50%, according to BlockShopper.com.

In February 2017, there were three homes sold, with a median sale price of $90,000 - a 13.6% decrease over the $104,122 median sale price for the same period of the previous year. There were two homes sold in North Pekin in February 2016.

The median sales tax in North Pekin for the most recent year with available data, 2016, was $1,360, approximately 1.5% of the median home sale price for February 2017.

The following table compares North Pekin to other Tazewell County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Green Valley12-50%$135,000$258,945-47.9%
East Peoria302711.1%$129,500$114,00013.6%
Delavan42100%$108,750$107,5001.2%
Marquette Heights50-$99,900$0-
Mackinaw12-50%$91,750$246,125-62.7%
North Pekin3250%$90,000$104,122-13.6%
Deer Creek10-$88,500$0-
Pekin3031-3.2%$65,750$80,000-17.8%
Creve Coeur330%$55,000$40,00037.5%
Armington12-50%$45,000$10,750318.6%
South Pekin110%$25,000$15,00066.7%

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