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Peoria Standard

Friday, April 19, 2024

Pekin (Tazewell County) home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Pekin in Tazewell County rose by $11,500 while total sales increased by 3.2%, according to BlockShopper.com.

In May 2019, there were 64 homes sold, with a median sale price of $95,450 - a 13.7% increase over the $83,950 median sale price for the same period of the previous year. There were 62 homes sold in Pekin in May 2018.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.1% of the median home sale price for May 2019.

The following table compares Pekin 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)
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%
Pekin64623.2%$95,450$83,95013.7%
Delavan45-20%$71,250$80,000-10.9%
Creve Coeur660%$63,950$85,350-25.1%
North Pekin12-50%$8,000$97,500-91.8%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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