Tazewell County, IL Home Values & Market Trends

The median home price in Tazewell County, IL is $159,350.76. There were 2,632 home sales in Tazewell County, IL over the past 12 months. The median residential Tazewell County, IL home value for transactions over the previous year is $137,332.118. The number of current listings in Tazewell County, IL is 146, and the percentage of properties for sale is 146.00%. The county has 216 foreclosures, 16 bank owned properties, 26 headed for auction, and 146 properties for sale.

Tazewell County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
East Peoria

$ 151,742

$ 99/sqft

Delavan

$ 216,512

$ 87/sqft

Pekin

$ 100,235

$ 84/sqft

Tremont

$ 268,234

$ 132/sqft

Washington

$ 294,250

$ 105/sqft

Minier

$ 96,367

$ 46/sqft

Morton

$ 356,031

$ 123/sqft

South Pekin

$ 71,403

$ 81/sqft

Mackinaw

$ 214,348

$ 110/sqft

Green Valley

$ --

$ --

Creve Coeur

$ 91,674

$ 59/sqft

Armington

$ --

$ --

Groveland

$ 484,421

$ 140/sqft

Deer Creek

$ --

$ --

Hopedale

$ 82,722

$ 76/sqft

Housing Market Summary for Tazewell County, IL

Apr 2023March 2024Change
Median Listing Price$149.9K$151K0.71%
Median Sold Price$0$151K-
Homes For Sale178129-27.53%
Homes Sold01,384-
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Tazewell County, IL

Tazewell County, IL home values range from $13,710 to $7,942,398. Groveland is the priciest city with a median listing home price of $522,450, and Hopedale is most affordable with average house prices of around $86,000.

Foreclosure
There are 15 cities within Tazewell County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $268,451 in Pekin to the lowest value of $25,053 in Pekin. Foreclosure homes account for 0.00% of properties in Tazewell County, IL with Pekin containing 102 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.35% of all residential properties in Tazewell County, IL with Pekin containing 78 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Tazewell County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $304,105 in Groveland to the lowest home value of $25,053 in Pekin.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Tazewell County, IL ranges from the highest value of $292,250 in Washington to the lowest value of $67,222 in Pekin. Bank owned homes and properties account for 0.03% of properties in Tazewell County, IL. There are 15 cities within Tazewell County, IL; Pekin containing 11 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Pekin has 13 auction properties, the highest number of properties going to auction in a single city in the state of Tazewell County, IL. Auction homes and other auction properties account for 0.05% of all properties in Tazewell County, IL. There are 15 cities within Tazewell County, IL; of those cities, the median estimated home value for homes going to auction ranges from $389,617 in Mackinaw to the lowest value of $40,449 in Mackinaw.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Tazewell County, IL with East Peoria containing 37 homes for sale, the highest number of listed properties in a single city. There are 15 cities within Tazewell County, IL; homes for sale in those cities, have a range of median values from $968,773 in Groveland to the lowest value of $28,642 in East Peoria.
    Sold Homes
    The median value for recently sold homes ranges from $367,609 in Deer Creek to the lowest price of $20,124 in Deer Creek. There are 15 cities within Tazewell County, IL. Pekin has 420 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.76% of properties in Tazewell County, IL.

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      Guide for Tazewell County, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.