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Saturday, March 28, 2020

East Peoria home prices rise in February 2020

Real Estate

By Metric Media News Service | Mar 7, 2020

Re 10

The median sale price of a home sold in February 2020 in East Peoria rose by $27,000 while total sales decreased by 18.2%, according to BlockShopper.com.

In February 2020, there were 18 homes sold, with a median sale price of $123,500 - a 28% increase over the $96,500 median sale price for the same period of the previous year. There were 22 homes sold in East Peoria in February 2019.

The median sales tax in East Peoria for the most recent year with available data, 2018, was $2,876, approximately 2.3% of the median home sale price for February 2020.

The following table compares East Peoria to other Tazewell County cities with similar median sales prices in February 2020:

City
Feb. 2020 Home Sales
Feb. 2019 Home Sales
% change (Total Home Sales)
Feb. 2020 Median Sales Price
Feb. 2019 Median Sales Price
% change (Median Sales Price)
Hopedale
2
1
100%
$219,250
$107,400
104.1%
Morton
7
16
-56.3%
$207,000
$154,750
33.8%
Washington
19
21
-9.5%
$176,000
$138,000
27.5%
Tremont
4
6
-33.3%
$160,950
$126,500
27.2%
Minier
1
0
-
$155,000
$0
-
East Peoria
18
22
-18.2%
$123,500
$96,500
28%
Heritage Lake
2
4
-50%
$107,450
$172,050
-37.5%
Pekin
33
26
26.9%
$97,500
$111,000
-12.2%
Creve Coeur
2
5
-60%
$88,250
$109,900
-19.7%
Delavan
3
0
-
$83,000
$0
-
South Pekin
2
1
100%
$62,025
$30,000
106.8%

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