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Peoria Standard

Tuesday, November 26, 2024

Delavan home prices rise in the first quarter of 2019

Realestate3

The median sale price of a home sold in the first quarter of 2019 in Delavan rose by $67,750 while total sales decreased by 75%, according to BlockShopper.com.

From January through March of 2019, there were three homes sold, with a median sale price of $114,000 - a 146.5% increase over the $46,250 median sale price for the same period of the previous year. There were 12 homes sold in Delavan in the first quarter of 2018.

The median sales tax in Delavan for the most recent year with available data, 2016, was $2,483, approximately 2.2% of the median home sale price for the first quarter of 2019.

The following table compares Delavan 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)
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%
Creve Coeur1516-6.3%$68,000$39,50072.2%

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