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Peoria Standard

Tuesday, August 5, 2025

March 2021: Heritage Lake experienced a 11% drop in median home prices

Webp realestate4

The median sale price of a home sold in March 2021 in Heritage Lake fell by $20,550 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In March 2021, there were two homes sold, with a median sale price of $166,700 - a 11% decrease over the $187,250 median sale price for the same period of the previous year. There were two homes sold in Heritage Lake in March 2020, as well.

The median sales tax in Heritage Lake for the most recent year with available data, 2019, was $4,395, approximately 2.6% of the median home sale price for March 2021.

The following table compares Heritage Lake to other Tazewell County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Washington322910.3%$219,000$138,50058.1%
Morton322528%$202,000$175,90014.8%
Tremont550%$182,000$204,900-11.2%
Delavan3250%$167,500$139,95019.7%
Heritage Lake220%$166,700$187,250-11%
Minier63100%$151,850$122,75023.7%
Green Valley110%$140,000$135,5003.3%
East Peoria4043-7%$138,750$125,00011%
Mackinaw6450%$132,250$151,750-12.9%
Marquette Heights62200%$117,450$90,75029.4%
Pekin3945-13.3%$93,900$86,0009.2%

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