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Peoria Standard

Monday, November 25, 2024

Delavan home prices rise in October 2017

Re 4

The median sale price of a home sold in October 2017 in Delavan rose by $26,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In October 2017, there were seven homes sold, with a median sale price of $130,000 - a 25% increase over the $104,000 median sale price for the same period of the previous year. There were seven homes sold in Delavan in October 2016, as well.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 1.9% of the median home sale price for October 2017.

The following table compares Delavan to other Tazewell County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Armington110%$475,000$64,000642.2%
Green Valley21100%$191,000$118,50061.2%
Morton2832-12.5%$172,000$143,00020.3%
Washington311872.2%$136,000$120,00013.3%
Delavan770%$130,000$104,00025%
Heritage Lake330%$126,500$164,000-22.9%
Mackinaw45-20%$122,500$172,000-28.8%
East Peoria2836-22.2%$116,250$119,750-2.9%
Deer Creek110%$115,000$129,000-10.9%
Tremont24-50%$98,000$156,000-37.2%
Minier3250%$97,000$55,30075.4%

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