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Peoria Standard

Friday, April 26, 2024

East Peoria home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in East Peoria rose by $10,250 while total sales increased by 14.9%, according to BlockShopper.com.

From October through December of 2019, there were 108 homes sold, with a median sale price of $124,000 - a 9% increase over the $113,750 median sale price for the same period of the previous year. There were 94 homes sold in East Peoria in the fourth quarter of 2018.

The median sales tax in East Peoria for the most recent year with available data, 2018, was $2,876, approximately 2.3% of the median home sale price for the fourth quarter of 2019.

The following table compares East Peoria to other Tazewell County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Minier11683.3%$137,000$90,00052.2%
Heritage Lake8560%$136,500$180,000-24.2%
Deer Creek52150%$130,000$94,00038.3%
Mackinaw178112.5%$128,500$161,450-20.4%
Green Valley8560%$124,450$139,587-10.8%
East Peoria1089414.9%$124,000$113,7509%
Hopedale105100%$117,250$125,000-6.2%
Pekin141143-1.4%$89,900$87,0003.3%
Marquette Heights176183.3%$89,900$57,50056.3%
Delavan147100%$80,500$106,500-24.4%
Creve Coeur1028-64.3%$73,750$71,772.502.8%

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