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Peoria Standard

Wednesday, April 24, 2024

North Pekin home prices rise in October 2018

Realestate5

The median sale price of a home sold in October 2018 in North Pekin rose by $41,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $110,500 - a 60.1% increase over the $69,000 median sale price for the same period of the previous year. There were three homes sold in North Pekin in October 2017.

The median sales tax in North Pekin for the most recent year with available data, 2016, was $1,360, approximately 1.2% of the median home sale price for October 2018.

The following table compares North Pekin 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)
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%
Creve Coeur134225%$68,000$46,00047.8%
Marquette Heights37-57.1%$47,000$82,000-42.7%
South Pekin24-50%$27,250$80,700-66.2%

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