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Peoria Standard

Friday, November 22, 2024

Home prices in Peoria County fell

Realestate2

The median sale price of a home sold in the second half of 2022 in Peoria County fell by $2,500 while total sales decreased by 7.8%.

From July through December of 2022, there were 2,090 homes sold, with a median sale price of $115,000 - a 2.1% decrease from the $117,500 median sale price for the same period of the previous year. There were 2,268 homes sold in Peoria County in the second half of 2021.

The median sales tax in Peoria County for the most recent year with available data, 2021, was $2,567 approximately 2.2% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Peoria County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$117500$117500$115000$115000$115000$115000

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