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Peoria Standard

Monday, November 25, 2024

North Pekin home prices rise in March 2017

Realestate1

The median sale price of a home sold in March 2017 in North Pekin rose by $3,000 while total sales decreased by 50%, according to BlockShopper.com.

In March 2017, there were two homes sold, with a median sale price of $46,000 - a 7% increase over the $43,000 median sale price for the same period of the previous year. There were four homes sold in North Pekin in March 2016.

The median sales tax in North Pekin for the most recent year with available data, 2016, was $1,360, approximately 3% of the median home sale price for March 2017.

The following table compares North 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%

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