Bellevue home prices fall in the third quarter of 2020

Medium re 14

The median sale price of a home sold in the third quarter of 2020 in Bellevue fell by $21,500 while total sales decreased by 73.3%, according to BlockShopper.com.

From July through September of 2020, there were four homes sold, with a median sale price of $23,500 - a 47.8% decrease over the $45,000 median sale price for the same period of the previous year. There were 15 homes sold in Bellevue in the third quarter of 2019.

The median sales tax in Bellevue for the most recent year with available data, 2018, was $1,658, approximately 7.1% of the median home sale price for the third quarter of 2020.

The following table compares Bellevue to other Peoria County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Chillicothe3645-20%$97,950$115,500-15.2%
Bartonville43422.4%$93,000$91,0002.2%
Rome10742.9%$92,500$97,500-5.1%
Elmwood171513.3%$88,500$91,000-2.7%
Peoria Heights403129%$84,950$67,00026.8%
West Peoria3615140%$83,750$65,00028.8%
Glasford8714.3%$82,400$63,49029.8%
Princeville9650%$81,000$98,500-17.8%
Norwood45-20%$64,950$25,000159.8%
Kingston Mines12-50%$26,419$99,750-73.5%
Bellevue415-73.3%$23,500$45,000-47.8%

Blockshopper green logo