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Peoria Standard

Tuesday, November 26, 2024

Morton home prices rise in March 2019

Realestate077

The median sale price of a home sold in March 2019 in Morton rose by $20,500 while total sales remained unchanged with 25 homes sold, according to BlockShopper.com.

In March 2019, there were 25 homes sold, with a median sale price of $185,500 - a 12.4% increase over the $165,000 median sale price for the same period of the previous year. There were 25 homes sold in Morton in March 2018, as well.

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 March 2019.

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

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Minier110%$206,000$42,000390.5%
Morton25250%$185,500$165,00012.4%
Washington2333-30.3%$155,000$139,90010.8%
East Peoria2540-37.5%$131,000$106,95022.5%
Deer Creek12-50%$113,000$166,950-32.3%
Mackinaw62200%$112,500$142,500-21.1%
Marquette Heights3250%$95,500$62,50052.8%
Hopedale12-50%$90,000$129,250-30.4%
Delavan25-60%$83,950$50,00067.9%
Pekin41387.9%$80,500$95,450-15.7%
North Pekin41300%$73,500$15,000390%

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