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Peoria Standard

Sunday, September 29, 2024

South Pekin home prices fall in September 2018

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The median sale price of a home sold in September 2018 in South Pekin fell by $30,050 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In September 2018, there were two homes sold, with a median sale price of $56,450 - a 34.7% decrease over the $86,500 median sale price for the same period of the previous year. There were two homes sold in South Pekin in September 2017, as well.

The median sales tax in South Pekin for the most recent year with available data, 2016, was $1,315, approximately 2.3% of the median home sale price for September 2018.

The following table compares South 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%

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