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Peoria Standard

Tuesday, March 31, 2020

Green Valley home prices fall in the fourth quarter of 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 10

The median sale price of a home sold in the fourth quarter of 2019 in Green Valley fell by $15,137 while total sales increased by 60%, according to BlockShopper.com.

From October through December of 2019, there were eight homes sold, with a median sale price of $124,450 - a 10.8% decrease over the $139,587 median sale price for the same period of the previous year. There were five homes sold in Green Valley in the fourth quarter of 2018.

The median sales tax in Green Valley for the most recent year with available data, 2018, was $2,364, approximately 1.9% of the median home sale price for the fourth quarter of 2019.

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

City
Oct. - Dec. 2019 Home Sales
Oct. - Dec. 2018 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2019 Median Sales Price
Oct. - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Morton
69
72
-4.2%
$146,000
$177,250
-17.6%
Minier
11
6
83.3%
$137,000
$90,000
52.2%
Heritage Lake
8
5
60%
$136,500
$180,000
-24.2%
Deer Creek
5
2
150%
$130,000
$94,000
38.3%
Mackinaw
17
8
112.5%
$128,500
$161,450
-20.4%
Green Valley
8
5
60%
$124,450
$139,587
-10.8%
East Peoria
108
94
14.9%
$124,000
$113,750
9%
Hopedale
10
5
100%
$117,250
$125,000
-6.2%
Pekin
141
143
-1.4%
$89,900
$87,000
3.3%
Marquette Heights
17
6
183.3%
$89,900
$57,500
56.3%
Delavan
14
7
100%
$80,500
$106,500
-24.4%

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