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Tuesday, February 25, 2020

Pekin (Tazewell County) home prices fall in June 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Realestate5

The median sale price of a home sold in June 2019 in Pekin in Tazewell County fell by $2,000 while total sales decreased by 26.7%, according to BlockShopper.com.

In June 2019, there were 44 homes sold, with a median sale price of $90,950 - a 2.2% decrease over the $92,950 median sale price for the same period of the previous year. There were 60 homes sold in Pekin in June 2018.

The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.2% of the median home sale price for June 2019.

The following table compares Pekin 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)
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%
Pekin
44
60
-26.7%
$90,950
$92,950
-2.2%
Creve Coeur
1
9
-88.9%
$90,000
$41,000
119.5%
North Pekin
1
2
-50%
$52,000
$61,000
-14.8%
South Pekin
1
0
-
$10,558.02
$0
-
* 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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