Home prices decreased in Delavan during May 2021

Medium realestate4

The median sale price of a home sold in May 2021 in Delavan fell by $74,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In May 2021, there were five homes sold, with a median sale price of $60,000 - a 55.2% decrease over the $134,000 median sale price for the same period of the previous year. There were five homes sold in Delavan in May 2020, as well.

The median sales tax in Delavan for the most recent year with available data, 2019, was $2,548, approximately 4.2% of the median home sale price for May 2021.

The following table compares Delavan to other Tazewell County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
East Peoria453336.4%$148,000$132,00012.1%
Marquette Heights26-66.7%$128,750$87,32547.4%
South Pekin330%$84,900$32,500161.2%
North Pekin61500%$81,000$155,000-47.7%
Creve Coeur68-25%$63,400$49,25028.7%

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