In May 2023, the median sale price of a home in Peoria County fell by $3,500 from the same period in the previous year, while total sales decreased by 21.4%, according to BlockShopper.com.
Data shows that there were 320 homes sold in May 2023, with a median sale price of $125,000 - a 2.7% decrease from the $128,500 median sale price for the same period of the previous year. There were 407 homes sold in Peoria County in May 2022.
For context, the median sales tax in Peoria County, based on the latest available data from 2021, was $2,567, which stands at 2.1% of May 2023's median home sale price.
The following histogram displays changes in median sales prices in Peoria County from May 2022 to May 2023.