Tazewell County, IL Home Values & Market Trends

The median home price in Tazewell County, IL is $159,335.75. There were 2,596 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 $137,194.995. The number of current listings in Tazewell County, IL is 138, and the percentage of properties for sale is 138.00%. The county has 227 foreclosures, 14 bank owned properties, 33 headed for auction, and 138 properties for sale.

Tazewell County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Pekin

$ 105,428

$ 82/sqft

Delavan

$ 216,512

$ 87/sqft

East Peoria

$ 154,958

$ 102/sqft

Hopedale

$ 82,553

$ 71/sqft

Washington

$ 296,120

$ 99/sqft

Minier

$ 96,367

$ 46/sqft

Morton

$ 313,209

$ 118/sqft

South Pekin

$ 57,152

$ 75/sqft

Mackinaw

$ 222,298

$ 104/sqft

Green Valley

$ 186,284

$ 93/sqft

Creve Coeur

$ 91,674

$ 66/sqft

Armington

$ --

$ --

Groveland

$ 484,421

$ 140/sqft

Deer Creek

$ --

$ --

Tremont

$ 206,682

$ 128/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-
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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 $562,450, and South Pekin is most affordable with average house prices of around $20,000.

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 107 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in Tazewell County, IL with Pekin containing 81 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 $72,250 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 9 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Pekin has 17 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 0.07% 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 Delavan to the lowest value of $36,565 in Delavan.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in Tazewell County, IL with Pekin containing 35 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 449 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.91% of properties in Tazewell County, IL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Tazewell County, IL
      $
      $

      Guide for Tazewell County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      See More Articles
      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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.