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Peoria Standard

Saturday, November 23, 2024

Princeville home prices fall in August 2018

Re 1

The median sale price of a home sold in August 2018 in Princeville fell by $11,000 while total sales decreased by 40%, according to BlockShopper.com.

In August 2018, there were three homes sold, with a median sale price of $108,000 - a 9.2% decrease over the $119,000 median sale price for the same period of the previous year. There were five homes sold in Princeville in August 2017.

The median sales tax in Princeville for the most recent year with available data, 2017, was $2,998, approximately 2.8% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Bellevue41300%$181,000$82,500119.4%
Lake Camelot42100%$158,750$191,000-16.9%
Brimfield31200%$150,000$135,00011.1%
Mapleton10-$149,500$0-
Peoria20017812.4%$109,950$113,750-3.3%
Princeville35-40%$108,000$119,000-9.2%
Elmwood47-42.9%$90,500$128,000-29.3%
Chillicothe1118-38.9%$84,900$93,750-9.4%
Bartonville191435.7%$80,000$81,250-1.5%
Norwood20-$68,000$0-
Glasford25-60%$57,400$73,000-21.4%

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