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Peoria Standard

Friday, April 26, 2024

Pekin (Tazewell County) home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Pekin in Tazewell County rose by $7,950 while total sales increased by 4.2%, according to BlockShopper.com.

From July through December of 2019, there were 323 homes sold, with a median sale price of $97,900 - a 8.8% increase over the $89,950 median sale price for the same period of the previous year. There were 310 homes sold in Pekin in the second half of 2018.

The median sales tax in Pekin for the most recent year with available data, 2018, was $2,077, approximately 2.1% of the median home sale price for the second half of 2019.

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

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Deer Creek7475%$130,000$80,50061.5%
East Peoria27122222.1%$126,000$119,4505.5%
Green Valley15147.1%$120,900$101,08919.6%
Minier211631.3%$120,000$89,50034.1%
Hopedale187157.1%$107,500$125,000-14%
Pekin3233104.2%$97,900$89,9508.8%
North Pekin11757.1%$87,000$75,00016%
Marquette Heights3515133.3%$80,000$84,000-4.8%
Creve Coeur2949-40.8%$77,500$68,00014%
Delavan271942.1%$75,000$106,500-29.6%
Armington440%$71,450$112,500-36.5%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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