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Peoria Standard

Wednesday, April 24, 2024

Heritage Lake home prices fall in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Heritage Lake fell by $2,050 while total sales increased by 66.7%, according to BlockShopper.com.

From January through June of 2019, there were 10 homes sold, with a median sale price of $161,450 - a 1.3% decrease over the $163,500 median sale price for the same period of the previous year. There were six homes sold in Heritage Lake in the first half of 2018.

The median sales tax in Heritage Lake for the most recent year with available data, 2016, was $3,605, approximately 2.2% of the median home sale price for the first half of 2019.

The following table compares Heritage Lake to other Tazewell County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Tremont3334-2.9%$189,900$163,75016%
Morton125135-7.4%$179,000$178,5000.3%
Heritage Lake10666.7%$161,450$163,500-1.3%
Washington157191-17.8%$148,000$157,000-5.7%
Deer Creek27-71.4%$145,000$113,00028.3%
Mackinaw201717.6%$140,000$165,000-15.2%
East Peoria186241-22.8%$129,350$119,0008.7%
Green Valley714-50%$124,000$66,90085.4%
Minier1316-18.8%$120,000$58,450105.3%
Delavan1718-5.6%$114,000$54,511109.1%
Hopedale1214-14.3%$111,200$103,5307.4%

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