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Thursday, January 23, 2020

Marquette Heights home prices rise in the second quarter of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Re 1

The median sale price of a home sold in the second quarter of 2019 in Marquette Heights rose by $4,125 while total sales decreased by 13%, according to BlockShopper.com.

From April through June of 2019, there were 20 homes sold, with a median sale price of $95,125 - a 4.5% increase over the $91,000 median sale price for the same period of the previous year. There were 23 homes sold in Marquette Heights in the second quarter of 2018.

The median sales tax in Marquette Heights for the most recent year with available data, 2016, was $1,913, approximately 2% of the median home sale price for the second quarter of 2019.

The following table compares Marquette Heights to other Tazewell County cities with similar median sales prices in the second quarter of 2019:

City
Apr. - June 2019 Home Sales
Apr. - June 2018 Home Sales
% change (Total Home Sales)
Apr. - June 2019 Median Sales Price
Apr. - June 2018 Median Sales Price
% change (Median Sales Price)
Heritage Lake
5
5
0%
$152,900
$157,000
-2.6%
Washington
95
129
-26.4%
$142,000
$160,000
-11.3%
East Peoria
114
134
-14.9%
$140,000
$126,750
10.5%
Minier
10
11
-9.1%
$118,500
$57,000
107.9%
Delavan
14
6
133.3%
$117,750
$108,500
8.5%
Green Valley
5
6
-16.7%
$100,000
$76,900
30%
Marquette Heights
20
23
-13%
$95,125
$91,000
4.5%
Pekin
155
169
-8.3%
$89,000
$85,000
4.7%
South Pekin
3
2
50%
$83,000
$32,000
159.4%
Creve Coeur
12
20
-40%
$70,000
$69,950
0.1%
North Pekin
2
7
-71.4%
$30,000
$73,900
-59.4%

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