From January through March of 2019, there were 84 homes sold, with a median sale price of $88,000 - a 18.9% increase over the $74,000 median sale price for the same period of the previous year. There were 92 homes sold in Pekin in the first quarter of 2018.
The median sales tax in Pekin for the most recent year with available data, 2016, was $2,016, approximately 2.3% of the median home sale price for the first quarter of 2019.
The following table compares Pekin to other Tazewell County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minier | 3 | 5 | -40% | $129,000 | $59,900 | 115.4% |
| Mackinaw | 12 | 8 | 50% | $120,000 | $185,000 | -35.1% |
| East Peoria | 72 | 107 | -32.7% | $117,750 | $112,000 | 5.1% |
| Delavan | 3 | 12 | -75% | $114,000 | $46,250 | 146.5% |
| Hopedale | 7 | 4 | 75% | $90,000 | $124,250 | -27.6% |
| Pekin | 84 | 92 | -8.7% | $88,000 | $74,000 | 18.9% |
| Marquette Heights | 10 | 7 | 42.9% | $82,450 | $67,000 | 23.1% |
| North Pekin | 7 | 3 | 133.3% | $77,000 | $119,990 | -35.8% |
| Creve Coeur | 15 | 16 | -6.3% | $68,000 | $39,500 | 72.2% |
| South Pekin | 5 | 2 | 150% | $58,700 | $19,827.50 | 196.1% |
| Armington | 1 | 2 | -50% | $35,000 | $54,750 | -36.1% |
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