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Peoria Standard

Friday, April 19, 2024

East Peoria home prices rise in May 2019

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The median sale price of a home sold in May 2019 in East Peoria rose by $32,650 while total sales decreased by 16%, according to BlockShopper.com.

In May 2019, there were 42 homes sold, with a median sale price of $147,000 - a 28.6% increase over the $114,350 median sale price for the same period of the previous year. There were 50 homes sold in East Peoria in May 2018.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 1.9% of the median home sale price for May 2019.

The following table compares East Peoria 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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