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Peoria Standard

Tuesday, November 26, 2024

West Peoria home prices fall 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 West Peoria fell by $6,250 while total sales decreased by 13%, according to BlockShopper.com.

From January through March of 2019, there were 20 homes sold, with a median sale price of $61,250 - a 9.3% decrease over the $67,500 median sale price for the same period of the previous year. There were 23 homes sold in West Peoria in the first quarter of 2018.

The median sales tax in West Peoria for the most recent year with available data, 2017, was $1,748, approximately 2.9% of the median home sale price for the first quarter of 2019.

The following table compares West Peoria to other Peoria 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)
Bartonville1320-35%$90,000$73,50022.4%
Glasford7475%$90,000$72,25024.6%
Peoria357440-18.9%$90,000$107,000-15.9%
Chillicothe2123-8.7%$89,900$82,5009%
Princeville550%$88,000$115,000-23.5%
Mapleton20-$78,250$0-
Peoria Heights1424-41.7%$77,550$70,45010.1%
Norwood31200%$69,900$117,000-40.3%
Kingston Mines10-$67,000$0-
West Peoria2023-13%$61,250$67,500-9.3%
Bellevue52150%$51,500$129,000-60.1%

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