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Peoria Standard

Thursday, May 2, 2024

How did home valuation prices perform in Tazewell County in January 2024, compared to January 2023?

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In January, the median sale price of a home in Tazewell County fell by $11,000 from the same period in the previous year, while total sales decreased by 52.2%, according to BlockShopper.com.

Data shows that there were 55 homes sold in January, with a median sale price of $109,000 - a 9.2% decrease from the $120,000 median sale price for the same period of the previous year. There were 115 homes sold in Tazewell County in January 2023.

For context, the median sales tax in Tazewell County, based on the latest available data from 2021, was $2,887, which stands at 2.6% of January's median home sale price.

The following histogram displays changes in median sales prices in Tazewell County from January 2023 to January 2024.

January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024$120,000$120,000$114,000$114,000$124,900$124,900$139,000$139,000$150,800$150,800$137,250$137,250$154,500$154,500$140,000$140,000$146,625$146,625$145,000$145,000$123,750$123,750$0$0$109,000$109,000

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