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Peoria Standard

Monday, November 25, 2024

Pekin (Tazewell County) home prices fall in March 2017

Realestate5

The median sale price of a home sold in March 2017 in Pekin in Tazewell County fell by $22,400 while total sales decreased by 34.3%, according to BlockShopper.com.

In March 2017, there were 23 homes sold, with a median sale price of $80,600 - a 21.7% decrease over the $103,000 median sale price for the same period of the previous year. There were 35 homes sold in Pekin in March 2016.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.5% of the median home sale price for March 2017.

The following table compares Pekin 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)
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-
Pekin2335-34.3%$80,600$103,000-21.7%
Creve Coeur58-37.5%$64,000$26,000146.2%
North Pekin24-50%$46,000$43,0007%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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