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Peoria Standard

Thursday, April 17, 2025

Morton home prices fall in March 2018

Realestate4

The median sale price of a home sold in March 2018 in Morton fell by $7,500 while total sales increased by 25%, according to BlockShopper.com.

In March 2018, there were 25 homes sold, with a median sale price of $165,000 - a 4.3% decrease over the $172,500 median sale price for the same period of the previous year. There were 20 homes sold in Morton in March 2017.

The median sales tax in Morton for the most recent year with available data, 2016, was $3,678, approximately 2.2% of the median home sale price for March 2018.

The following table compares Morton to other Tazewell County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Tremont91800%$175,000$120,00045.8%
Deer Creek220%$166,950$262,500-36.4%
Morton252025%$165,000$172,500-4.3%
Mackinaw21100%$142,500$139,9001.9%
Washington332157.1%$139,900$163,000-14.2%
Hopedale220%$129,250$158,000-18.2%
East Peoria402373.9%$106,950$135,000-20.8%
Armington10-$100,000$0-
Pekin382365.2%$95,450$80,60018.4%
Green Valley40-$88,250$0-
Marquette Heights23-33.3%$62,500$102,900-39.3%

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