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Peoria Standard

Monday, November 25, 2024

What happened to the median home price in Glasford during the first quarter of 2022?

Realestate1

The median sale price of a home sold in the first quarter of 2022 in Glasford fell by $7,000 while total sales decreased by 25%, according to BlockShopper.com.

From January through March of 2022, there were three homes sold, with a median sale price of $63,000 - a 10% decrease over the $70,000 median sale price for the same period of the previous year. There were four homes sold in Glasford in the first quarter of 2021.

The median sales tax in Glasford for the most recent year with available data, 2019, was $1,944, approximately 3.1% of the median home sale price for the first quarter of 2022.

The following table compares Glasford to other Peoria County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Brimfield660%$97,750$70,00039.6%
Bartonville2832-12.5%$97,200$85,00014.4%
Peoria57049315.6%$93,175$91,0002.4%
Elmwood11683.3%$90,000$137,000-34.3%
Hanna City17-85.7%$86,000$119,000-27.7%
Peoria Heights2829-3.4%$86,000$74,90014.8%
Mapleton110%$84,000$129,500-35.1%
West Peoria292045%$80,000$69,00015.9%
Glasford34-25%$63,000$70,000-10%
Bellevue78-12.5%$60,000$73,500-18.4%
Norwood12-50%$18,000$109,500-83.6%

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