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Peoria Standard

Friday, April 26, 2024

Delavan home prices fall in May 2019

Realestate5

The median sale price of a home sold in May 2019 in Delavan fell by $8,750 while total sales decreased by 20%, according to BlockShopper.com.

In May 2019, there were four homes sold, with a median sale price of $71,250 - a 10.9% decrease over the $80,000 median sale price for the same period of the previous year. There were five homes sold in Delavan in May 2018.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 3.5% of the median home sale price for May 2019.

The following table compares Delavan 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%

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