Tazewell County, IL Home Values & Market Trends

The median home price in Tazewell County, IL is $159,627.09. There were 2,666 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 $135,814.817. The number of current listings in Tazewell County, IL is 138, and the percentage of properties for sale is 138.00%. The county has 224 foreclosures, 15 bank owned properties, 34 headed for auction, and 138 properties for sale.

Tazewell County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Pekin

$ 84,812

$ 79/sqft

Delavan

$ 188,400

$ 102/sqft

East Peoria

$ 161,355

$ 98/sqft

South Pekin

$ 57,481

$ 76/sqft

Washington

$ 202,637

$ 94/sqft

Hopedale

$ 82,792

$ 76/sqft

Morton

$ 332,620

$ 120/sqft

Minier

$ 89,590

$ 43/sqft

Mackinaw

$ 199,710

$ 102/sqft

Green Valley

$ 177,727

$ 88/sqft

Creve Coeur

$ 108,540

$ 70/sqft

Deer Creek

$ 239,816

$ 173/sqft

Groveland

$ 261,175

$ 133/sqft

Armington

$ --

$ --

Tremont

$ 203,719

$ 103/sqft

Housing Market Summary for Tazewell County, IL

Mar 2023February 2024Change
Median Listing Price$147.5K$153.8K4.27%
Median Sold Price$0$153.8K-
Homes For Sale145105-27.59%
Homes Sold01,580-
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 $13,819 to $8,013,681. Groveland is the priciest city with a median listing home price of $394,950, and Delavan is most affordable with average house prices of around $37,000.

Foreclosure
There are 15 cities within Tazewell County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $253,058 in Pekin to the lowest value of $24,245 in Pekin. Foreclosure homes account for 0.00% of properties in Tazewell County, IL with Pekin containing 106 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 76 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 $301,420 in Tremont to the lowest home value of $24,245 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 $288,500 in Washington to the lowest value of $40,094 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 19 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 $395,468 in Delavan to the lowest value of $36,703 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 34 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 $239,816 in Deer Creek to the lowest value of $21,651 in Pekin.
    Sold Homes
    The median value for recently sold homes ranges from $461,012 in Deer Creek to the lowest price of $20,076 in Deer Creek. There are 15 cities within Tazewell County, IL. Pekin has 436 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.86% 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
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      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.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.