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Peoria Standard

Sunday, September 29, 2024

Pekin (Tazewell County) home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Pekin in Tazewell County fell by $10,000 while total sales increased by 30.8%, according to BlockShopper.com.

In September 2018, there were 51 homes sold, with a median sale price of $88,000 - a 10.2% decrease over the $98,000 median sale price for the same period of the previous year. There were 39 homes sold in Pekin in September 2017.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.3% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Heritage Lake440%$157,250$187,500-16.1%
Green Valley21100%$123,513.50$70,00076.4%
East Peoria3336-8.3%$119,000$115,9502.6%
Tremont7475%$116,250$124,500-6.6%
Delavan23-33.3%$106,000$80,00032.5%
Marquette Heights24-50%$89,000$60,95046%
Mackinaw440%$88,750$150,000-40.8%
Pekin513930.8%$88,000$98,000-10.2%
Minier51400%$79,900$155,000-48.5%
Creve Coeur7616.7%$75,000$61,20022.5%
South Pekin220%$56,450$86,500-34.7%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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