West Peoria home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in West Peoria rose by $18,750 while total sales increased by 140%, according to BlockShopper.com.

From July through September of 2020, there were 36 homes sold, with a median sale price of $83,750 - a 28.8% increase over the $65,000 median sale price for the same period of the previous year. There were 15 homes sold in West Peoria in the third quarter of 2019.

The median sales tax in West Peoria for the most recent year with available data, 2018, was $1,746, approximately 2.1% of the median home sale price for the third quarter of 2020.

The following table compares West Peoria 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)
Peoria Heights403129%$84,950$67,00026.8%
West Peoria3615140%$83,750$65,00028.8%
Kingston Mines12-50%$26,419$99,750-73.5%

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