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Peoria Standard

Monday, November 25, 2024

East Peoria home prices fall in May 2018

Re 8

The median sale price of a home sold in May 2018 in East Peoria fell by $10,650 while total sales decreased by 2%, according to BlockShopper.com.

In May 2018, there were 50 homes sold, with a median sale price of $114,350 - a 8.5% decrease over the $125,000 median sale price for the same period of the previous year. There were 51 homes sold in East Peoria in May 2017.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 2.4% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Morton2843-34.9%$186,250$192,000-3%
Green Valley10-$179,000$0-
Tremont45-20%$165,000$270,000-38.9%
Washington3637-2.7%$136,750$169,900-19.5%
Hopedale52150%$118,560$110,2707.5%
East Peoria5051-2%$114,350$125,000-8.5%
North Pekin20-$97,500$0-
Marquette Heights57-28.6%$87,900$81,0008.5%
Creve Coeur6520%$85,350$64,50032.3%
Pekin6273-15.1%$83,950$81,5003%
Minier25-60%$80,450$157,000-48.8%

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