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Peoria Standard

Sunday, November 24, 2024

Delavan home prices fall in August 2017

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The median sale price of a home sold in August 2017 in Delavan fell by $5,000 while total sales increased by 450%, according to BlockShopper.com.

In August 2017, there were 11 homes sold, with a median sale price of $87,500 - a 5.4% decrease over the $92,500 median sale price for the same period of the previous year. There were two homes sold in Delavan in August 2016.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 2.8% of the median home sale price for August 2017.

The following table compares Delavan 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%

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