Delavan home prices rise in October 2020

Medium realestate3

The median sale price of a home sold in October 2020 in Delavan rose by $63,000 while total sales decreased by 57.1%, according to

In October 2020, there were three homes sold, with a median sale price of $153,000 - a 70% increase over the $90,000 median sale price for the same period of the previous year. There were seven homes sold in Delavan in October 2019.

The median sales tax in Delavan for the most recent year with available data, 2019, was $2,548, approximately 1.7% of the median home sale price for October 2020.

The following table compares Delavan 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)
Heritage Lake13-66.7%$185,000$147,59025.3%
East Peoria3746-19.6%$139,900$131,0006.8%
Green Valley21100%$139,000$153,900-9.7%
North Pekin5425%$114,000$99,49014.6%

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