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Marquette Heights home prices fall in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Re 6

The median sale price of a home sold in January 2020 in Marquette Heights fell by $6,500 while total sales decreased by 50%, according to BlockShopper.com.

In January 2020, there were two homes sold, with a median sale price of $75,950 - a 7.9% decrease over the $82,450 median sale price for the same period of the previous year. There were four homes sold in Marquette Heights in January 2019.

The median sales tax in Marquette Heights for the most recent year with available data, 2018, was $1,999, approximately 2.6% of the median home sale price for January 2020.

The following table compares Marquette Heights to other Tazewell County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Green Valley
1
0
-
$192,000
$0
-
Hopedale
2
5
-60%
$185,950
$81,000
129.6%
Tremont
2
4
-50%
$173,700
$225,645
-23%
Morton
15
15
0%
$164,000
$156,000
5.1%
North Pekin
1
2
-50%
$120,000
$105,000
14.3%
Deer Creek
2
0
-
$106,375
$0
-
Mackinaw
2
4
-50%
$104,000
$153,250
-32.1%
Marquette Heights
2
4
-50%
$75,950
$82,450
-7.9%
East Peoria
20
25
-20%
$75,500
$116,500
-35.2%
Pekin
11
17
-35.3%
$69,000
$114,000
-39.5%
Delavan
4
1
300%
$44,000
$114,000
-61.4%

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