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Peoria Standard

Wednesday, November 27, 2024

North Pekin home prices rise 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 North Pekin rose by $2,250 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2019, there were two homes sold, with a median sale price of $87,250 - a 2.6% increase over the $85,000 median sale price for the same period of the previous year. There were three homes sold in North Pekin in the third quarter of 2018.

The median sales tax in North Pekin for the most recent year with available data, 2018, was $1,385, approximately 1.6% of the median home sale price for the third quarter of 2019.

The following table compares North Pekin 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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