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Peoria Standard

Monday, December 23, 2024

North Pekin median home prices fell by 15.5% in April

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The median sale price of a home sold in April in North Pekin fell by $14,500 while total sales decreased by 25 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $79,000 - a 15.5 percent decrease from the $93,500 median sale price for the same period of the previous year. There were four homes sold in North Pekin in April 2021.

The median sales tax in North Pekin for the most recent year with available data, 2019, was $1,419, approximately 1.8 percent of the median home sale price for April.

The following table compares North Pekin 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)
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
South Pekin52150$82,000$104,500-21.5
North Pekin34-25$79,000$93,500-15.5
Creve Coeur10911.1$63,750$60,0006.3
Armington10-$10,000$0-

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