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Peoria Standard

Wednesday, August 6, 2025

Heritage Lake home prices fall in July 2017

Realestate5

The median sale price of a home sold in July 2017 in Heritage Lake fell by $15,000 while total sales decreased by 40%, according to BlockShopper.com.

In July 2017, there were three homes sold, with a median sale price of $170,000 - a 8.1% decrease over the $185,000 median sale price for the same period of the previous year. There were five homes sold in Heritage Lake in July 2016.

The median sales tax in Heritage Lake for the most recent year with available data, 2016, was $3,605, approximately 2.1% of the median home sale price for July 2017.

The following table compares Heritage Lake to other Tazewell 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)
Hopedale24-50%$313,262.50$84,500270.7%
Washington3943-9.3%$200,000$181,87510%
Deer Creek13-66.7%$190,000$50,000280%
Heritage Lake35-40%$170,000$185,000-8.1%
Tremont1112-8.3%$170,000$165,0003%
Morton312524%$169,500$159,5006.3%
Green Valley23-33.3%$162,550$70,000132.2%
Mackinaw34-25%$122,500$165,500-26%
East Peoria47446.8%$121,500$130,750-7.1%
Minier660%$116,000$129,950-10.7%
Pekin664643.5%$100,000$81,95022%

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