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Wednesday, February 26, 2020

Marquette Heights home prices rise in May 2019

Real Estate

By Local Labs News Service | Jun 7, 2019

Realestate5

The median sale price of a home sold in May 2019 in Marquette Heights rose by $16,600 while total sales increased by 80%, according to BlockShopper.com.

In May 2019, there were nine homes sold, with a median sale price of $104,500 - a 18.9% increase over the $87,900 median sale price for the same period of the previous year. There were five homes sold in Marquette Heights in May 2018.

The median sales tax in Marquette Heights for the most recent year with available data, 2016, was $1,913, approximately 1.8% of the median home sale price for May 2019.

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

City
May 2019 Home Sales
May 2018 Home Sales
% change (Total Home Sales)
May 2019 Median Sales Price
May 2018 Median Sales Price
% change (Median Sales Price)
Washington
38
36
5.6%
$169,750
$136,750
24.1%
Hopedale
3
5
-40%
$153,000
$118,560
29%
East Peoria
42
50
-16%
$147,000
$114,350
28.6%
Mackinaw
4
0
-
$122,750
$0
-
Minier
5
2
150%
$117,000
$80,450
45.4%
Marquette Heights
9
5
80%
$104,500
$87,900
18.9%
Green Valley
1
1
0%
$100,000
$179,000
-44.1%
South Pekin
2
1
100%
$97,000
$42,000
131%
Pekin
64
62
3.2%
$95,450
$83,950
13.7%
Delavan
4
5
-20%
$71,250
$80,000
-10.9%
Creve Coeur
6
6
0%
$63,950
$85,350
-25.1%

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