South Pekin home prices rise in October 2020

Medium realestate5

The median sale price of a home sold in October 2020 in South Pekin rose by $18,250 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2020, there were two homes sold, with a median sale price of $76,250 - a 31.5% increase over the $58,000 median sale price for the same period of the previous year. There were two homes sold in South Pekin in October 2019, as well.

The median sales tax in South Pekin for the most recent year with available data, 2019, was $1,332, approximately 1.7% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Delavan37-57.1%$153,000$90,00070%
East Peoria3746-19.6%$139,900$131,0006.8%
Green Valley21100%$139,000$153,900-9.7%
Tremont46-33.3%$135,000$164,950-18.2%
Minier4333.3%$126,000$156,250-19.4%
North Pekin5425%$114,000$99,49014.6%
Deer Creek330%$110,000$141,000-22%
Pekin5559-6.8%$110,000$92,44819%
Marquette Heights770%$86,000$94,000-8.5%
South Pekin220%$76,250$58,000.0131.5%
Creve Coeur8560%$45,750$84,000-45.5%

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