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Peoria Standard

Friday, April 19, 2024

Morton home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Morton rose by $8,000 while total sales remained unchanged with 15 homes sold, according to BlockShopper.com.

In January 2020, there were 15 homes sold, with a median sale price of $164,000 - a 5.1% increase over the $156,000 median sale price for the same period of the previous year. There were 15 homes sold in Morton in January 2019, as well.

The median sales tax in Morton for the most recent year with available data, 2018, was $3,907, approximately 2.4% of the median home sale price for January 2020.

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

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Washington1418-22.2%$199,400$170,00017.3%
Heritage Lake21100%$196,000$105,00086.7%
Green Valley10-$192,000$0-
Hopedale25-60%$185,950$81,000129.6%
Tremont24-50%$173,700$225,645-23%
Morton15150%$164,000$156,0005.1%
North Pekin12-50%$120,000$105,00014.3%
Deer Creek20-$106,375$0-
Mackinaw24-50%$104,000$153,250-32.1%
Marquette Heights24-50%$75,950$82,450-7.9%
East Peoria2025-20%$75,500$116,500-35.2%

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