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Peoria Standard

Saturday, November 23, 2024

East Peoria home prices fall in August 2018

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The median sale price of a home sold in August 2018 in East Peoria fell by $24,000 while total sales increased by 32.6%, according to BlockShopper.com.

In August 2018, there were 57 homes sold, with a median sale price of $126,000 - a 16% decrease over the $150,000 median sale price for the same period of the previous year. There were 43 homes sold in East Peoria in August 2017.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 2.2% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Morton2931-6.5%$197,000$166,00018.7%
Tremont35-40%$190,000$180,0005.6%
Washington2933-12.1%$175,900$182,000-3.4%
Mackinaw89-11.1%$157,500$135,00016.7%
Hopedale14-75%$127,500$114,75011.1%
East Peoria574332.6%$126,000$150,000-16%
Green Valley41300%$118,589$220,000-46.1%
Minier4333.3%$112,000$132,400-15.4%
Marquette Heights4333.3%$111,500$108,0003.2%
Pekin65641.6%$108,500$100,4508%
Delavan811-27.3%$104,000$87,50018.9%

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