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Peoria Standard

Thursday, November 28, 2024

Pekin (Tazewell County) home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Pekin in Tazewell County fell by $2,950 while total sales decreased by 9.6%, according to BlockShopper.com.

In October 2018, there were 47 homes sold, with a median sale price of $87,000 - a 3.3% decrease over the $89,950 median sale price for the same period of the previous year. There were 52 homes sold in Pekin in October 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 October 2018.

The following table compares 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)
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%
Delavan17-85.7%$20,000$130,000-84.6%
Hopedale10-$20,000$0-
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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