Peoria home prices fall in January 2020

Medium re 4

The median sale price of a home sold in January 2020 in Peoria fell by $3,125 while total sales increased by 10.8%, according to BlockShopper.com.

In January 2020, there were 113 homes sold, with a median sale price of $92,900 - a 3.3% decrease over the $96,025 median sale price for the same period of the previous year. There were 102 homes sold in Peoria in January 2019.

The median sales tax in Peoria for the most recent year with available data, 2018, was $2,442, approximately 2.6% of the median home sale price for January 2020.

The following table compares Peoria to other Peoria 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)
Hanna City
2
1
100%
$138,000
$112,000
23.2%
Brimfield
4
0
-
$120,750
$0
-
Dunlap
2
1
100%
$103,000
$266,500
-61.4%
Rome
2
2
0%
$102,000
$110,000
-7.3%
West Peoria
6
3
100%
$93,000
$70,000
32.9%
Peoria
113
102
10.8%
$92,900
$96,025
-3.3%
Chillicothe
7
4
75%
$92,500
$65,125
42%
Peoria Heights
6
2
200%
$75,950
$67,250
12.9%
Bellevue
1
2
-50%
$67,000
$73,500
-8.8%
Norwood
1
1
0%
$67,000
$46,750
43.3%
Bartonville
8
3
166.7%
$66,250
$58,500
13.2%

Blockshopper green logo