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Peoria Standard

Thursday, November 28, 2024

Delavan home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Delavan fell by $29,000 while total sales increased by 8.3%, according to BlockShopper.com.

From July through September of 2019, there were 13 homes sold, with a median sale price of $75,000 - a 27.9% decrease over the $104,000 median sale price for the same period of the previous year. There were 12 homes sold in Delavan in the third quarter of 2018.

The median sales tax in Delavan for the most recent year with available data, 2018, was $2,568, approximately 3.4% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Deer Creek220%$123,000$69,00078.3%
Green Valley79-22.2%$120,900$100,17820.7%
Minier10100%$110,250$89,50023.2%
Hopedale82300%$107,500$113,750-5.5%
Pekin1821679%$99,450$95,0004.7%
North Pekin23-33.3%$87,250$85,0002.6%
Marquette Heights189100%$79,750$108,000-26.2%
Creve Coeur1921-9.5%$77,500$65,00019.2%
Delavan13128.3%$75,000$104,000-27.9%
South Pekin56-16.7%$68,000$49,95036.1%
Armington220%$59,500$113,550-47.6%

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