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Peoria Standard

Monday, November 25, 2024

West Peoria home prices fall in May 2018

Re 13

The median sale price of a home sold in May 2018 in West Peoria fell by $3,650 while total sales decreased by 30%, according to BlockShopper.com.

In May 2018, there were seven homes sold, with a median sale price of $62,800 - a 5.5% decrease over the $66,450 median sale price for the same period of the previous year. There were 10 homes sold in West Peoria in May 2017.

The median sales tax in West Peoria for the most recent year with available data, 2017, was $1,748, approximately 2.8% of the median home sale price for May 2018.

The following table compares West Peoria 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)
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%
Kingston Mines3250%$65,000$52,00025%
Glasford21100%$63,500$43,00047.7%
West Peoria710-30%$62,800$66,450-5.5%
Princeville330%$20,000$81,000-75.3%

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