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Peoria Standard

Sunday, November 24, 2024

East Peoria home prices rise in August 2017

Realestate2

The median sale price of a home sold in August 2017 in East Peoria rose by $31,250 while total sales decreased by 14%, according to BlockShopper.com.

In August 2017, there were 43 homes sold, with a median sale price of $150,000 - a 26.3% increase over the $118,750 median sale price for the same period of the previous year. There were 50 homes sold in East Peoria in August 2016.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 1.9% of the median home sale price for August 2017.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Green Valley13-66.7%$220,000$168,00031%
Washington3344-25%$182,000$225,500-19.3%
Tremont5425%$180,000$134,95033.4%
Morton312619.2%$166,000$178,275-6.9%
East Peoria4350-14%$150,000$118,75026.3%
Heritage Lake34-25%$140,000$118,25018.4%
Mackinaw990%$135,000$147,000-8.2%
Minier31200%$132,400$140,000-5.4%
Deer Creek20-$127,000$0-
Hopedale42100%$114,750$118,500-3.2%
Marquette Heights34-25%$108,000$98,00010.2%

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