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Peoria Standard

Sunday, November 24, 2024

Pekin (Tazewell County) home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Pekin in Tazewell County rose by $18,050 while total sales increased by 43.5%, according to BlockShopper.com.

In July 2017, there were 66 homes sold, with a median sale price of $100,000 - a 22% increase over the $81,950 median sale price for the same period of the previous year. There were 46 homes sold in Pekin in July 2016.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2% of the median home sale price for July 2017.

The following table compares Pekin 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)
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%
Delavan220%$39,025$31,934.5022.2%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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