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Peoria Standard

Tuesday, November 26, 2024

Morton home prices fall in October 2019

Re 10

The median sale price of a home sold in October 2019 in Morton fell by $36,250 while total sales decreased by 4.8%, according to BlockShopper.com.

In October 2019, there were 20 homes sold, with a median sale price of $142,250 - a 20.3% decrease over the $178,500 median sale price for the same period of the previous year. There were 21 homes sold in Morton in October 2018.

The median sales tax in Morton for the most recent year with available data, 2018, was $3,907, approximately 2.7% of the median home sale price for October 2019.

The following table compares Morton 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)
Tremont6450%$164,950$159,7503.3%
Minier3250%$156,250$240,500-35%
Green Valley12-50%$153,900$134,75014.2%
Mackinaw92350%$153,000$272,500-43.9%
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%

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