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Peoria Standard

Saturday, November 23, 2024

Peoria home prices rise in September 2017

Realestate077

The median sale price of a home sold in September 2017 in Peoria rose by $7,000 while total sales decreased by 7.5%, according to BlockShopper.com.

In September 2017, there were 149 homes sold, with a median sale price of $120,000 - a 6.2% increase over the $113,000 median sale price for the same period of the previous year. There were 161 homes sold in Peoria in September 2016.

The median sales tax in Peoria for 2017 was $2,237. In 2016, the median sales tax was $2,221. This marks an increase of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Dunlap62200%$244,950$89,664.50173.2%
Lake Camelot31200%$195,000$205,000-4.9%
Princeville42100%$147,000$93,50057.2%
Peoria149161-7.5%$120,000$113,0006.2%
Elmwood41300%$104,350$45,000131.9%
Chillicothe10825%$89,000$70,25026.7%
Brimfield23-33.3%$85,000$75,00013.3%
Bartonville412-66.7%$82,000$108,750-24.6%
Mapleton110%$80,000$37,500113.3%
West Peoria49-55.6%$73,000$59,50022.7%
Peoria Heights141127.3%$71,000$70,9000.1%

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