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Tuesday, February 25, 2020

Pekin (Tazewell County) home prices rise in May 2019

Real Estate

By Local Labs News Service | Jun 7, 2019

Re 7

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:

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)
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%
North Pekin
1
2
-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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Tazewell County Clerk and Recorder

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