Princeville home prices rise in the first half of 2020

Medium realestate2

The median sale price of a home sold in the first half of 2020 in Princeville rose by $32,500 while total sales increased by 18.8%, according to BlockShopper.com.

From January through June of 2020, there were 19 homes sold, with a median sale price of $106,000 - a 44.2% increase over the $73,500 median sale price for the same period of the previous year. There were 16 homes sold in Princeville in the first half of 2019.

The median sales tax in Princeville for the most recent year with available data, 2018, was $2,854, approximately 2.7% of the median home sale price for the first half of 2020.

The following table compares Princeville to other Peoria County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Dunlap715-53.3%$215,000$182,50017.8%
Lake Camelot211275%$159,000$172,750-8%
Brimfield6450%$118,000$129,750-9.1%
Peoria88480010.5%$108,750$99,9508.8%
Elmwood221546.7%$107,000$110,000-2.7%
Princeville191618.8%$106,000$73,50044.2%
Glasford1013-23.1%$103,500$89,90015.1%
Rome1923-17.4%$101,200$91,20011%
Chillicothe4446-4.3%$93,250$95,850-2.7%
Hanna City151225%$87,000$122,500-29%
Peoria Heights3536-2.8%$79,900$65,25022.5%

Blockshopper green logo