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Peoria Standard

Monday, November 25, 2024

Peoria home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Peoria rose by $8,500 while total sales increased by 40.4%, according to BlockShopper.com.

In July 2018, there were 257 homes sold, with a median sale price of $118,500 - a 7.7% increase over the $110,000 median sale price for the same period of the previous year. There were 183 homes sold in Peoria in July 2017.

The median sales tax in Peoria for the most recent year with available data, 2017, was $2,237, approximately 1.9% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Lake Camelot94125%$188,000$160,25017.3%
Dunlap51400%$160,950$320,000-49.7%
Chillicothe131030%$155,000$104,50048.3%
Mapleton110%$139,000$6,0002216.7%
Rome5425%$129,900$107,25021.1%
Peoria25718340.4%$118,500$110,0007.7%
Bartonville1217-29.4%$90,000$79,20013.6%
West Peoria57-28.6%$79,500$68,90015.4%
Hanna City330%$78,000$139,000-43.9%
Peoria Heights10825%$77,500$40,25092.5%
Princeville220%$75,250$100,750-25.3%

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