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Peoria Standard

Monday, November 25, 2024

Princeville home prices fall in May 2018

Realestate5

The median sale price of a home sold in May 2018 in Princeville fell by $61,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In May 2018, there were three homes sold, with a median sale price of $20,000 - a 75.3% decrease over the $81,000 median sale price for the same period of the previous year. There were three homes sold in Princeville in May 2017, as well.

The median sales tax in Princeville for the most recent year with available data, 2017, was $2,998, approximately 15% of the median home sale price for May 2018.

The following table compares Princeville 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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