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Peoria Standard

Thursday, April 18, 2024

Pekin (Tazewell County) home prices rise in 2019

Realestate5

The median sale price of a home sold in 2019 in Pekin in Tazewell County rose by $5,448 while total sales remained unchanged with 571 homes sold, according to BlockShopper.com.

From January through December of 2019, there were 571 homes sold, with a median sale price of $92,448 - a 6.3% increase over the $87,000 median sale price for the previous year. There were 571 homes sold in Pekin in 2018, as well.

The median sales tax in Pekin for the most recent year with available data, 2018, was $2,077, approximately 2.2% of the median home sale price for 2019.

The following table compares Pekin to other Tazewell County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
East Peoria461463-0.4%$128,000$119,0007.6%
Green Valley2328-17.9%$124,000$88,45040.2%
Minier34326.3%$120,000$79,40051.1%
Hopedale302142.9%$108,700$118,560-8.3%
Delavan453721.6%$94,750$74,00028%
Pekin5715710%$92,448$87,0006.3%
Marquette Heights664546.7%$91,500$87,9004.1%
North Pekin201717.6%$73,500$75,000-2%
Creve Coeur5685-34.1%$73,200$68,0007.6%
South Pekin171241.7%$62,500.01$34,75079.9%
Armington56-16.7%$54,900$77,500-29.2%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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