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Peoria Standard

Tuesday, February 25, 2020

Morton home prices fall in June 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Realestate2

The median sale price of a home sold in June 2019 in Morton fell by $7,500 while total sales decreased by 57.1%, according to BlockShopper.com.

In June 2019, there were 15 homes sold, with a median sale price of $180,000 - a 4% decrease over the $187,500 median sale price for the same period of the previous year. There were 35 homes sold in Morton in June 2018.

The median sales tax in Morton for the most recent year with available data, 2016, was $3,678, approximately 2% of the median home sale price for June 2019.

The following table compares Morton to other Tazewell County cities with similar median sales prices in June 2019:

City
June 2019 Home Sales
June 2018 Home Sales
% change (Total Home Sales)
June 2019 Median Sales Price
June 2018 Median Sales Price
% change (Median Sales Price)
Mackinaw
1
4
-75%
$262,500
$150,000
75%
Hopedale
1
1
0%
$250,000
$54,000
363%
Morton
15
35
-57.1%
$180,000
$187,500
-4%
Delavan
2
1
100%
$165,000
$157,000
5.1%
Heritage Lake
2
3
-33.3%
$161,950
$157,000
3.2%
East Peoria
33
51
-35.3%
$145,000
$124,500
16.5%
Tremont
3
11
-72.7%
$141,500
$180,000
-21.4%
Washington
30
52
-42.3%
$130,450
$190,000
-31.3%
Green Valley
1
3
-66.7%
$124,000
$17,000
629.4%
Minier
3
4
-25%
$109,500
$93,450
17.2%
Marquette Heights
6
8
-25%
$95,125
$94,500
0.7%

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