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Peoria Standard

Wednesday, December 25, 2024

Peoria County median home valuation prices fell by 4% in March 2024 compared to March 2023

Re 12

In March, the median sale price of a home in Peoria County fell by $4,400 from the same period in the previous year, while total sales decreased by 22%, according to BlockShopper.com.

Data shows that there were 234 homes sold in March, with a median sale price of $105,500 - a 4% decrease from the $109,900 median sale price for the same period of the previous year. There were 300 homes sold in Peoria County in March 2023.

For context, the median sales tax in Peoria County, based on the latest available data from 2021, was $2,567, which stands at 2.4% of March's median home sale price.

The following histogram displays changes in median sales prices in Peoria County from March 2023 to March 2024.

March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024$109,900$109,900$118,000$118,000$125,000$125,000$136,250$136,250$137,500$137,500$140,000$140,000$125,000$125,000$120,000$120,000$95,500$95,500$113,950$113,950$111,000$111,000$95,000$95,000$105,500$105,500

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