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Sunday, November 24, 2024

Pekin (Tazewell County) home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Pekin in Tazewell County rose by $10,550 while total sales increased by 12.3%, according to BlockShopper.com.

In August 2017, there were 64 homes sold, with a median sale price of $100,450 - a 11.7% increase over the $89,900 median sale price for the same period of the previous year. There were 57 homes sold in Pekin in August 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 August 2017.

The following table compares Pekin 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)
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%
Pekin645712.3%$100,450$89,90011.7%
Delavan112450%$87,500$92,500-5.4%
Armington110%$70,000$300,000-76.7%
South Pekin23-33.3%$64,000$107,000-40.2%
Creve Coeur1011-9.1%$45,750$54,900-16.7%
North Pekin51400%$42,500$70,000-39.3%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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