From January through March of 2021, there were 114 homes sold, with a median sale price of $84,500 - a 4.3% decrease over the $88,254 median sale price for the same period of the previous year. There were 100 homes sold in Pekin in the first quarter of 2020.
The median sales tax in Pekin for the most recent year with available data, 2019, was $2,119, approximately 2.5% of the median home sale price for the first quarter of 2021.
The following table compares Pekin to other Tazewell County cities with similar median sale prices in the first quarter of 2021:
City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Green Valley | 3 | 3 | 0% | $140,000 | $135,500 | 3.3% |
Mackinaw | 12 | 7 | 71.4% | $137,950 | $125,000 | 10.4% |
Minier | 12 | 4 | 200% | $137,450 | $136,125 | 1% |
East Peoria | 98 | 84 | 16.7% | $121,250 | $110,750 | 9.5% |
Hopedale | 6 | 4 | 50% | $104,750 | $219,250 | -52.2% |
Marquette Heights | 14 | 5 | 180% | $101,000 | $88,500 | 14.1% |
North Pekin | 5 | 3 | 66.7% | $89,900 | $120,000 | -25.1% |
Pekin | 114 | 100 | 14% | $84,500 | $88,253.50 | -4.3% |
Creve Coeur | 29 | 9 | 222.2% | $64,000 | $61,500 | 4.1% |
Deer Creek | 1 | 2 | -50% | $40,000 | $106,375 | -62.4% |
South Pekin | 1 | 3 | -66.7% | $15,000 | $88,000 | -83% |