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Peoria Standard

Monday, November 25, 2024

Bellevue home prices fall in May 2018

Re 5

The median sale price of a home sold in May 2018 in Bellevue fell by $23,750 while total sales increased by 50%, according to BlockShopper.com.

In May 2018, there were three homes sold, with a median sale price of $138,250 - a 14.7% decrease over the $162,000 median sale price for the same period of the previous year. There were two homes sold in Bellevue in May 2017.

The median sales tax in Bellevue for the most recent year with available data, 2017, was $1,713, approximately 1.2% of the median home sale price for May 2018.

The following table compares Bellevue to other Peoria County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Peoria Heights411-63.6%$376,450$82,000359.1%
Dunlap110%$268,500$250,0007.4%
Mapleton110%$148,000$22,700552%
Bellevue3250%$138,250$162,000-14.7%
Lake Camelot50-$137,500$0-
Chillicothe79-22.2%$118,625$97,00022.3%
Peoria1781667.2%$115,450$95,00021.5%
Hanna City24-50%$91,250$77,65017.5%
Rome23-33.3%$89,000$73,90020.4%
Bartonville12120%$85,500$102,750-16.8%
Elmwood5366.7%$76,500$147,000-48%

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