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Peoria Standard

Friday, November 22, 2024

Pekin (Tazewell County) home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Pekin in Tazewell County fell by $14,250 while total sales decreased by 3.2%, according to BlockShopper.com.

In February 2017, there were 30 homes sold, with a median sale price of $65,750 - a 17.8% decrease over the $80,000 median sale price for the same period of the previous year. There were 31 homes sold in Pekin in February 2016.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 3.1% of the median home sale price for February 2017.

The following table compares 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%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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