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Saturday, April 20, 2024

Morton home prices rise in May 2019

Realestate2

The median sale price of a home sold in May 2019 in Morton rose by $44,200 while total sales remained unchanged with 28 homes sold, according to BlockShopper.com.

In May 2019, there were 28 homes sold, with a median sale price of $230,450 - a 23.7% increase over the $186,250 median sale price for the same period of the previous year. There were 28 homes sold in Morton in May 2018, as well.

The median sales tax in Morton for the most recent year with available data, 2016, was $3,678, approximately 1.6% of the median home sale price for May 2019.

The following table compares Morton to other Tazewell County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Morton28280%$230,450$186,25023.7%
Tremont124200%$177,450$165,0007.5%
Heritage Lake220%$174,625$213,000-18%
Washington38365.6%$169,750$136,75024.1%
Hopedale35-40%$153,000$118,56029%
East Peoria4250-16%$147,000$114,35028.6%
Mackinaw40-$122,750$0-
Minier52150%$117,000$80,45045.4%
Marquette Heights9580%$104,500$87,90018.9%
Green Valley110%$100,000$179,000-44.1%
South Pekin21100%$97,000$42,000131%

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