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Peoria Standard

Thursday, November 28, 2024

Princeville home prices rise in the third quarter of 2019

Realestate077

The median sale price of a home sold in the third quarter of 2019 in Princeville rose by $12,000 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

From July through September of 2019, there were six homes sold, with a median sale price of $98,500 - a 13.9% increase over the $86,500 median sale price for the same period of the previous year. There were six homes sold in Princeville in the third quarter of 2018, as well.

The median sales tax in Princeville for the most recent year with available data, 2018, was $2,854, approximately 2.9% of the median home sale price for the third quarter of 2019.

The following table compares Princeville 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)
Brimfield84100%$142,500$140,887.501.1%
Hanna City68-25%$118,750$96,00023.7%
Chillicothe453721.6%$115,500$128,500-10.1%
Peoria546634-13.9%$103,000$114,950-10.4%
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%

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