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Peoria Standard

Sunday, November 24, 2024

Delavan home prices fall in November 2017

Re 4

The median sale price of a home sold in November 2017 in Delavan fell by $48,500 while total sales decreased by 66.7%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $34,000 - a 58.8% decrease over the $82,500 median sale price for the same period of the previous year. There were nine homes sold in Delavan in November 2016.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 7.3% of the median home sale price for November 2017.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Green Valley5366.7%$159,600$95,00068%
Tremont440%$144,000$129,50011.2%
Washington342347.8%$136,500$180,500-24.4%
Deer Creek51400%$134,900$38,500250.4%
East Peoria34319.7%$116,500$99,00017.7%
Hopedale13-66.7%$96,800$47,500103.8%
Pekin45434.7%$89,900$85,0005.8%
Marquette Heights91800%$88,500$149,900-41%
North Pekin41300%$78,000$85,000-8.2%
Creve Coeur57-28.6%$64,000$30,000113.3%
Delavan39-66.7%$34,000$82,500-58.8%

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