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Peoria Standard

Wednesday, September 11, 2024

Peoria County median home valuation prices rose by 1.8% in July 2024 compared to July 2023

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In July, the median sale price of a home in Peoria County rose by $2,500 from the same period in the previous year, while total sales increased by 4.6%, according to BlockShopper.com.

Data shows that there were 316 homes sold in July, with a median sale price of $140,000 - a 1.8% increase over the $137,500 median sale price for the same period of the previous year. There were 302 homes sold in Peoria County in July 2023.

For context, the median sales tax in Peoria County, based on the latest available data from 2021, was $2,567, which stands at 1.8% of July's median home sale price.

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

July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024$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$102,000$102,000$132,500$132,500$145,000$145,000$140,000$140,000

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