Tazewell County, IL Home Values & Market Trends

The median home price in Tazewell County, IL is $159,345.29. 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 221 foreclosures, 16 bank owned properties, 28 headed for auction, and 146 properties for sale.

Tazewell County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
East Peoria

$ 154,958

$ 101/sqft

Hopedale

$ 82,553

$ 71/sqft

Pekin

$ 106,755

$ 83/sqft

Tremont

$ 268,234

$ 132/sqft

Washington

$ 296,120

$ 105/sqft

Minier

$ 96,367

$ 46/sqft

Morton

$ 331,327

$ 120/sqft

Green Valley

$ 186,284

$ 93/sqft

Mackinaw

$ 199,696

$ 106/sqft

South Pekin

$ --

$ --

Creve Coeur

$ 94,434

$ 69/sqft

Armington

$ --

$ --

Groveland

$ 484,421

$ 140/sqft

Deer Creek

$ --

$ --

Delavan

$ 216,512

$ 87/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 $537,450, and Hopedale is most affordable with average house prices of around $84,250.

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 104 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 80 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 0.06% 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 $40,449 in Delavan.
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 38 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 434 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.85% of properties in Tazewell County, IL.

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      Guide for Tazewell County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
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      Anchorage Real Estate Market Report April 2024
      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 Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.