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Peoria Standard

Tuesday, November 26, 2024

East Peoria home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in East Peoria rose by $5,750 while total sales decreased by 32.7%, according to BlockShopper.com.

From January through March of 2019, there were 72 homes sold, with a median sale price of $117,750 - a 5.1% increase over the $112,000 median sale price for the same period of the previous year. There were 107 homes sold in East Peoria in the first quarter of 2018.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 2.4% of the median home sale price for the first quarter of 2019.

The following table compares East Peoria to other Tazewell County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Washington62620%$150,000$140,0007.1%
Green Valley28-75%$148,543.50$65,000128.5%
Deer Creek24-50%$145,000$147,495-1.7%
Minier35-40%$129,000$59,900115.4%
Mackinaw12850%$120,000$185,000-35.1%
East Peoria72107-32.7%$117,750$112,0005.1%
Delavan312-75%$114,000$46,250146.5%
Hopedale7475%$90,000$124,250-27.6%
Pekin8492-8.7%$88,000$74,00018.9%
Marquette Heights10742.9%$82,450$67,00023.1%
North Pekin73133.3%$77,000$119,990-35.8%

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