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Peoria Standard

Monday, November 25, 2024

Washington home prices fall in July 2018

Re 12

The median sale price of a home sold in July 2018 in Washington fell by $50,750 while total sales increased by 12.8%, according to BlockShopper.com.

In July 2018, there were 44 homes sold, with a median sale price of $149,250 - a 25.4% decrease over the $200,000 median sale price for the same period of the previous year. There were 39 homes sold in Washington in July 2017.

The median sales tax in Washington for the most recent year with available data, 2016, was $3,527, approximately 2.4% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Morton533171%$192,500$169,50013.6%
Tremont611-45.5%$169,000$170,000-0.6%
Washington443912.8%$149,250$200,000-25.4%
Mackinaw5366.7%$142,500$122,50016.3%
East Peoria3847-19.1%$126,000$121,5003.7%
Heritage Lake23-33.3%$125,150$170,000-26.4%
Delavan220%$100,000$39,025156.2%
Hopedale12-50%$100,000$313,262.50-68.1%
Pekin5166-22.7%$89,000$100,000-11%
Marquette Heights3250%$86,900$92,450-6%
North Pekin31200%$85,000$92,500-8.1%

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