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Peoria Standard

Thursday, November 28, 2024

Bellevue 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 Bellevue fell by $80,000 while total sales increased by 114.3%, according to BlockShopper.com.

From July through September of 2019, there were 15 homes sold, with a median sale price of $45,000 - a 64% decrease over the $125,000 median sale price for the same period of the previous year. There were seven homes sold in Bellevue in the third quarter of 2018.

The median sales tax in Bellevue for the most recent year with available data, 2018, was $1,658, approximately 3.7% of the median home sale price for the third quarter of 2019.

The following table compares Bellevue to other Peoria 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)
Kingston Mines23-33.3%$99,750$27,000269.4%
Princeville660%$98,500$86,50013.9%
Rome711-36.4%$97,500$66,90045.7%
Bartonville4244-4.5%$91,000$86,0005.8%
Elmwood157114.3%$91,000$69,00031.9%
Mapleton220%$83,750$144,250-41.9%
Peoria Heights3136-13.9%$67,000$65,0003.1%
West Peoria1525-40%$65,000$68,000-4.4%
Glasford770%$63,490$70,000-9.3%
Bellevue157114.3%$45,000$125,000-64%
Norwood52150%$25,000$68,000-63.2%

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