Pekin (Tazewell County) home prices fall in January 2020

Medium re 6

The median sale price of a home sold in January 2020 in Pekin in Tazewell County fell by $45,000 while total sales decreased by 35.3%, according to BlockShopper.com.

In January 2020, there were 11 homes sold, with a median sale price of $69,000 - a 39.5% decrease over the $114,000 median sale price for the same period of the previous year. There were 17 homes sold in Pekin in January 2019.

The median sales tax in Pekin for the most recent year with available data, 2018, was $2,077, approximately 3% of the median home sale price for January 2020.

The following table compares Pekin to other Tazewell County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Green Valley
1
0
-
$192,000
$0
-
Hopedale
2
5
-60%
$185,950
$81,000
129.6%
Tremont
2
4
-50%
$173,700
$225,645
-23%
Morton
15
15
0%
$164,000
$156,000
5.1%
North Pekin
1
2
-50%
$120,000
$105,000
14.3%
Deer Creek
2
0
-
$106,375
$0
-
Mackinaw
2
4
-50%
$104,000
$153,250
-32.1%
Marquette Heights
2
4
-50%
$75,950
$82,450
-7.9%
East Peoria
20
25
-20%
$75,500
$116,500
-35.2%
Pekin
11
17
-35.3%
$69,000
$114,000
-39.5%
Delavan
4
1
300%
$44,000
$114,000
-61.4%
* This story only considers sales data for the part of Pekin that is in Tazewell County.

Blockshopper green logo