April 2021: Heritage Lake experienced a 10.2% increase in median home prices

Medium realestate2

The median sale price of a home sold in April 2021 in Heritage Lake rose by $18,250 while total sales increased by 50%, according to BlockShopper.com.

In April 2021, there were three homes sold, with a median sale price of $197,000 - a 10.2% increase over the $178,750 median sale price for the same period of the previous year. There were two homes sold in Heritage Lake in April 2020.

The median sales tax in Heritage Lake for the most recent year with available data, 2019, was $4,395, approximately 2.2% of the median home sale price for April 2021.

The following table compares Heritage Lake to other Tazewell County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Green Valley5425%$246,000$199,45023.3%
Heritage Lake3250%$197,000$178,75010.2%
Morton302615.4%$176,500$181,450-2.7%
Mackinaw220%$162,500$176,500-7.9%
Tremont63100%$159,450$200,000-20.3%
Washington412195.2%$152,500$149,9001.7%
Deer Creek20-$140,500$0-
Delavan7540%$135,000$56,000141.1%
East Peoria503735.1%$126,000$131,000-3.8%
North Pekin30-$110,000$0-
South Pekin21100%$104,500$51,000104.9%

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