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Peoria Standard

Friday, November 22, 2024

South Pekin home prices rise in September 2017

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The median sale price of a home sold in September 2017 in South Pekin rose by $21,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In September 2017, there were two homes sold, with a median sale price of $86,500 - a 33.1% increase over the $65,000 median sale price for the same period of the previous year. There were three homes sold in South Pekin in September 2016.

The median sales tax in South Pekin for the most recent year with available data, 2016, was $1,315, approximately 1.5% of the median home sale price for September 2017.

The following table compares South Pekin to other Tazewell County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Hopedale62200%$150,250$140,9006.6%
Mackinaw42100%$150,000$87,70071%
Tremont47-42.9%$124,500$170,000-26.8%
North Pekin12-50%$121,000$31,250287.2%
East Peoria363116.1%$115,950$132,900-12.8%
Pekin39375.4%$98,000$64,00053.1%
South Pekin23-33.3%$86,500$65,00033.1%
Delavan31200%$80,000$149,900-46.6%
Green Valley12-50%$70,000$102,500-31.7%
Creve Coeur660%$61,200$64,750-5.5%
Marquette Heights4333.3%$60,950$72,000-15.3%

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