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Peoria Standard

Monday, November 25, 2024

Marquette Heights home prices fall in October 2017

Re 8

The median sale price of a home sold in October 2017 in Marquette Heights fell by $8,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In October 2017, there were seven homes sold, with a median sale price of $82,000 - a 8.9% decrease over the $90,000 median sale price for the same period of the previous year. There were nine homes sold in Marquette Heights in October 2016.

The median sales tax in Marquette Heights for the most recent year with available data, 2016, was $1,913, approximately 2.3% of the median home sale price for October 2017.

The following table compares Marquette Heights 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)
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%
Pekin524710.6%$89,950$88,0002.2%
Marquette Heights79-22.2%$82,000$90,000-8.9%
South Pekin40-$80,700$0-
North Pekin31200%$69,000$45,00053.3%
Creve Coeur47-42.9%$46,000$70,900-35.1%

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