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Peoria Standard

Wednesday, April 24, 2024

Pekin (Tazewell County) home prices fall in December 2019

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The median sale price of a home sold in December 2019 in Pekin in Tazewell County fell by $3,250 while total sales decreased by 37%, according to BlockShopper.com.

In December 2019, there were 34 homes sold, with a median sale price of $83,750 - a 3.7% decrease over the $87,000 median sale price for the same period of the previous year. There were 54 homes sold in Pekin in December 2018.

The median sales tax in Pekin for the most recent year with available data, 2018, was $2,077, approximately 2.5% of the median home sale price for December 2019.

The following table compares Pekin to other Tazewell County cities with similar median sales prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Heritage Lake31200%$120,166$190,000-36.8%
Mackinaw45-20%$119,500$169,900-29.7%
East Peoria2833-15.2%$119,000$101,00017.8%
Deer Creek20-$109,000$0-
Armington110%$88,000$170,000-48.2%
Pekin3454-37%$83,750$87,000-3.7%
Creve Coeur330%$63,500$70,000-9.3%
Green Valley42100%$48,577.13$100,543.50-51.7%
Delavan3250%$43,675$20,300115.1%
North Pekin20-$41,000$0-
Marquette Heights52150%$33,000$88,000-62.5%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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