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Peoria Standard

Friday, April 26, 2024

Marquette Heights home prices fall in October 2018

Re 10

The median sale price of a home sold in October 2018 in Marquette Heights fell by $35,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In October 2018, there were three homes sold, with a median sale price of $47,000 - a 42.7% decrease over the $82,000 median sale price for the same period of the previous year. There were seven homes sold in Marquette Heights in October 2017.

The median sales tax in Marquette Heights for the most recent year with available data, 2016, was $1,913, approximately 4.1% of the median home sale price for October 2018.

The following table compares Marquette Heights 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-

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