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Peoria Standard

Thursday, November 28, 2024

West Peoria home prices rise in July 2017

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The median sale price of a home sold in July 2017 in West Peoria rose by $18,900 while total sales increased by 133.3%, according to BlockShopper.com.

In July 2017, there were seven homes sold, with a median sale price of $68,900 - a 37.8% increase over the $50,000 median sale price for the same period of the previous year. There were three homes sold in West Peoria in July 2016.

The median sales tax in West Peoria for 2017 was $1,748. In 2016, the median sales tax was $1,727. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares West Peoria 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)
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%
Mapleton10-$6,000$0-

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