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Peoria Standard

Monday, November 25, 2024

Pekin (Tazewell County) home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Pekin in Tazewell County fell by $12,450 while total sales increased by 30.6%, according to BlockShopper.com.

In April 2018, there were 47 homes sold, with a median sale price of $76,000 - a 14.1% decrease over the $88,450 median sale price for the same period of the previous year. There were 36 homes sold in Pekin in April 2017.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.7% of the median home sale price for April 2018.

The following table compares Pekin 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)
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%
Creve Coeur5366.7%$71,900$56,00028.4%
Minier52150%$52,000$87,500-40.6%
South Pekin12-50%$22,000$80,950-72.8%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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