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Peoria Standard

Thursday, November 28, 2024

Heritage Lake home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Heritage Lake rose by $52,750 while total sales increased by 33.3%, according to BlockShopper.com.

In October 2018, there were four homes sold, with a median sale price of $179,250 - a 41.7% increase over the $126,500 median sale price for the same period of the previous year. There were three homes sold in Heritage Lake in October 2017.

The median sales tax in Heritage Lake for the most recent year with available data, 2016, was $3,605, approximately 2% of the median home sale price for October 2018.

The following table compares Heritage Lake to other Tazewell County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Mackinaw24-50%$272,500$122,500122.4%
Minier23-33.3%$240,500$97,000147.9%
Heritage Lake4333.3%$179,250$126,50041.7%
Morton2128-25%$178,500$172,0003.8%
Tremont42100%$159,750$98,00063%
Washington3031-3.2%$139,700$136,0002.7%
Green Valley220%$134,750$191,000-29.5%
East Peoria322814.3%$124,500$116,2507.1%
North Pekin23-33.3%$110,500$69,00060.1%
Deer Creek21100%$94,000$115,000-18.3%
Pekin4752-9.6%$87,000$89,950-3.3%

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