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Peoria Standard

Monday, November 25, 2024

Morton home prices rise in April 2018

Realestate077

The median sale price of a home sold in April 2018 in Morton rose by $23,250 while total sales increased by 42.9%, according to BlockShopper.com.

In April 2018, there were 20 homes sold, with a median sale price of $165,000 - a 16.4% increase over the $141,750 median sale price for the same period of the previous year. There were 14 homes sold in Morton in April 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 April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Washington4115173.3%$189,230$172,00010%
Morton201442.9%$165,000$141,75016.4%
East Peoria332343.5%$153,700$123,90024.1%
Tremont36-50%$152,500$130,25017.1%
Mackinaw550%$128,000$109,50016.9%
Deer Creek10-$113,000$0-
Hopedale40-$104,500$0-
Marquette Heights104150%$83,500$58,45042.9%
Green Valley20-$76,900$0-
Pekin473630.6%$76,000$88,450-14.1%
North Pekin330%$73,900$79,450-7%

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