Peoria home prices fall in October 2020

Medium realestate077

The median sale price of a home sold in October 2020 in Peoria fell by $4,500 while total sales increased by 20.8%, according to

In October 2020, there were 215 homes sold, with a median sale price of $106,500 - a 4.1% decrease over the $111,000 median sale price for the same period of the previous year. There were 178 homes sold in Peoria in October 2019.

The median sales tax in Peoria for the most recent year with available data, 2018, was $2,442, approximately 2.3% of the median home sale price for October 2020.

The following table compares Peoria to other Peoria 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)
Lake Camelot330%$144,500$167,950-14%
Hanna City42100%$127,500$120,2006.1%
West Peoria115120%$87,900$79,90010%
Peoria Heights812-33.3%$73,250$70,0004.6%

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