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Peoria Standard

Monday, November 25, 2024

Morton home prices fall in November 2019

Realestate1

The median sale price of a home sold in November 2019 in Morton fell by $1,000 while total sales decreased by 17.4%, according to BlockShopper.com.

In November 2019, there were 19 homes sold, with a median sale price of $159,000 - a 0.6% decrease over the $160,000 median sale price for the same period of the previous year. There were 23 homes sold in Morton in November 2018.

The median sales tax in Morton for the most recent year with available data, 2018, was $3,907, approximately 2.5% of the median home sale price for November 2019.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Green Valley31200%$251,000$170,00047.6%
Tremont24-50%$200,000$150,00033.3%
Hopedale3250%$187,000$98,25090.3%
Washington2027-25.9%$183,500$123,00049.2%
Heritage Lake20-$161,450$0-
Morton1923-17.4%$159,000$160,000-0.6%
Minier42100%$133,500$14,000853.6%
North Pekin3250%$128,000$60,000113.3%
Delavan440%$127,375$128,500-0.9%
East Peoria342917.2%$119,500$106,00012.7%
Pekin484214.3%$98,250$86,30013.8%

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