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Peoria Standard

Wednesday, November 27, 2024

Heritage Lake home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Heritage Lake rose by $12,600 while total sales increased by 100%, according to BlockShopper.com.

In July 2019, there were four homes sold, with a median sale price of $137,750 - a 10.1% increase over the $125,150 median sale price for the same period of the previous year. There were two homes sold in Heritage Lake in July 2018.

The median sales tax in Heritage Lake for the most recent year with available data, 2018, was $4,364, approximately 3.2% of the median home sale price for July 2019.

The following table compares Heritage Lake to other Tazewell County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Morton3453-35.8%$215,750$192,50012.1%
Mackinaw6520%$199,625$142,50040.1%
Washington3944-11.4%$192,000$149,25028.6%
Delavan220%$156,500$100,00056.5%
Heritage Lake42100%$137,750$125,15010.1%
East Peoria653871.1%$131,500$126,0004.4%
Tremont26-66.7%$129,000$169,000-23.7%
Deer Creek20-$123,000$0-
Hopedale21100%$107,500$100,0007.5%
Pekin705137.3%$98,500$89,00010.7%
Green Valley4333.3%$95,450$34,900173.5%

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