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Peoria Standard

Sunday, November 24, 2024

East Peoria home prices fall in July 2017

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The median sale price of a home sold in July 2017 in East Peoria fell by $9,250 while total sales increased by 6.8%, according to BlockShopper.com.

In July 2017, there were 47 homes sold, with a median sale price of $121,500 - a 7.1% decrease over the $130,750 median sale price for the same period of the previous year. There were 44 homes sold in East Peoria in July 2016.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 2.3% of the median home sale price for July 2017.

The following table compares East Peoria 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)
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%
North Pekin110%$92,500$61,50050.4%
Marquette Heights24-50%$92,450$87,5005.7%
Creve Coeur15887.5%$75,500$56,00034.8%

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