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Peoria Standard

Monday, November 25, 2024

Delavan home prices rise in May 2018

Re 9

The median sale price of a home sold in May 2018 in Delavan rose by $11,500 while total sales increased by 66.7%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $80,000 - a 16.8% increase over the $68,500 median sale price for the same period of the previous year. There were three homes sold in Delavan in May 2017.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 3.1% of the median home sale price for May 2018.

The following table compares Delavan 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)
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%
Delavan5366.7%$80,000$68,50016.8%
South Pekin10-$42,000$0-

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