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Peoria Standard

Wednesday, October 9, 2024

East Peoria home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in East Peoria rose by $10,350 while total sales decreased by 22.8%, according to BlockShopper.com.

From January through June of 2019, there were 186 homes sold, with a median sale price of $129,350 - a 8.7% increase over the $119,000 median sale price for the same period of the previous year. There were 241 homes sold in East Peoria in the first half of 2018.

The median sales tax in East Peoria for the most recent year with available data, 2016, was $2,783, approximately 2.2% of the median home sale price for the first half of 2019.

The following table compares East Peoria 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)
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%
Marquette Heights30300%$93,000$89,0004.5%

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