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Peoria Standard

Tuesday, November 26, 2024

Pekin (Tazewell County) home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Pekin in Tazewell County rose by $5,448 while total sales increased by 25.5%, according to BlockShopper.com.

In October 2019, there were 59 homes sold, with a median sale price of $92,448 - a 6.3% increase over the $87,000 median sale price for the same period of the previous year. There were 47 homes sold in Pekin in October 2018.

The median sales tax in Pekin for the most recent year with available data, 2018, was $2,077, approximately 2.2% of the median home sale price for October 2019.

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

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Heritage Lake34-25%$147,590$179,250-17.7%
Morton2021-4.8%$142,250$178,500-20.3%
Deer Creek3250%$141,000$94,00050%
East Peoria463243.8%$131,000$124,5005.2%
North Pekin42100%$99,490$110,500-10%
Marquette Heights73133.3%$94,000$47,000100%
Pekin594725.5%$92,448$87,0006.3%
Delavan71600%$90,000$20,000350%
Hopedale51400%$87,000$20,000335%
Creve Coeur513-61.5%$84,000$68,00023.5%
South Pekin220%$58,000.01$27,250112.8%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

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