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Peoria Standard

Monday, November 25, 2024

Morton home prices rise in March 2017

Realestate5

The median sale price of a home sold in March 2017 in Morton rose by $3,600 while total sales decreased by 25.9%, according to BlockShopper.com.

In March 2017, there were 20 homes sold, with a median sale price of $172,500 - a 2.1% increase over the $168,900 median sale price for the same period of the previous year. There were 27 homes sold in Morton in March 2016.

The median sales tax in Morton for the most recent year with available data, 2016, was $3,678, approximately 2.1% of the median home sale price for March 2017.

The following table compares Morton to other Tazewell 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)
Deer Creek20-$262,500$0-
Morton2027-25.9%$172,500$168,9002.1%
Washington2124-12.5%$163,000$126,00029.4%
Hopedale220%$158,000$164,250-3.8%
Delavan13-66.7%$147,800$93,00058.9%
Mackinaw15-80%$139,900$100,00039.9%
East Peoria2343-46.5%$135,000$100,00035%
Heritage Lake220%$126,000$89,59240.6%
Tremont19-88.9%$120,000$162,000-25.9%
Marquette Heights31200%$102,900$71,00044.9%
South Pekin10-$90,000$0-

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