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Peoria Standard

Saturday, November 23, 2024

Rising home prices in Delavan in April

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The median sale price of a home sold in April in Delavan rose by $34,700 while total sales increased by 33.3 percent, according to BlockShopper.com.

In April, there were eight homes sold, with a median sale price of $158,700 - a 28 percent increase over the $124,000 median sale price for the same period of the previous year. There were six homes sold in Delavan in April 2021.

The median sales tax in Delavan for the most recent year with available data, 2019, was $2,548, approximately 1.6 percent of the median home sale price for April.

The following table compares Delavan to other Tazewell County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Washington3245-28.9$216,000$155,00039.4
Morton1931-38.7$188,000$178,0005.6
Tremont46-33.3$166,250$159,4504.3
Mackinaw62200$165,000$162,5001.5
Green Valley24-50$161,250$208,000-22.5
Delavan8633.3$158,700$124,00028
Minier12-50$135,000$49,000175.5
Pekin6795-29.5$123,000$90,90035.3
East Peoria2952-44.2$120,000$125,950-4.7
Marquette Heights6520$119,200$89,90032.6
Hopedale12-50$105,000$53,00098.1

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