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Peoria Standard

Sunday, November 24, 2024

Princeville home prices fall in July 2017

Realestate3

The median sale price of a home sold in July 2017 in Princeville fell by $27,250 while total sales decreased by 33.3%, according to BlockShopper.com.

In July 2017, there were two homes sold, with a median sale price of $100,750 - a 21.3% decrease over the $128,000 median sale price for the same period of the previous year. There were three homes sold in Princeville in July 2016.

The median sales tax in Princeville for 2017 was $2,998. In 2016, the median sales tax was $3,011. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Princeville to other Peoria County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Lake Camelot41300%$160,250$250,000-35.9%
Hanna City3250%$139,000$96,50044%
Peoria183188-2.7%$110,000$123,500-10.9%
Rome42100%$107,250$126,250-15%
Chillicothe1014-28.6%$104,500$93,50011.8%
Princeville23-33.3%$100,750$128,000-21.3%
Bartonville171241.7%$79,200$62,50026.7%
West Peoria73133.3%$68,900$50,00037.8%
Glasford13-66.7%$68,000$110,000-38.2%
Norwood13-66.7%$50,000$50,0000%
Peoria Heights811-27.3%$40,250$119,040-66.2%

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