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Pekin

Why you'd want to live in Pekin

Pekin, Illinois is a vibrant community of over 34,000 people and the perfect mix of business and pleasure. As the county seat for Tazewell County, Pekin enjoys a solid economic base and is home to many professional, industrial and manufacturing jobs – including Pekin Insurance and one of the largest ethanol facilities in the nation! We also support a very successful, city-owned Business Park with a highly skilled labor force to draw on as businesses continue to move in and thrive. Scenic views… quaint neighborhoods… small town charm with big city amenities... and one of the lowest property tax rates in the Peoria area... these are just a few of the many reasons you should set up business here. Additionally, Pekin is conveniently located halfway between Chicago and St. Louis (about 165 miles from each), a few hours from Indianapolis, and just 10 miles south of Peoria. We are also nestled along the banks of the Illinois River, making Pekin an idyllic location to call home. via Homes for Sale in Pekin

Pekin Market Report

$150,600

AVERAGE PRICE OF 6 HOMES

$169,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$119,850

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $150,600
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

2 bedrooms $104,000
3 bedrooms $156,533
4 bedrooms $165,000
Pekin Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 173 174 180 180 173
Average Price $153,514 $163,629 $168,092 $170,789 $185,876
Avg Price Change -6.59% -2.73% -1.60% -8.83% +1.00%
Median Price $116,885 $118,320 $115,602 $115,865 $108,810
Med Price Change -1.23% +2.35% -0.23% +6.48% +5.24%
Avg Bedrooms 2.38 beds 2.45 beds 2.41 beds 2.01 beds 1.81 beds
Avg Bathrooms 1.72 baths 1.76 baths 1.69 baths 1.42 baths 1.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin High School 4 $153,450 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 6 $150,600 81 days
Distressed Homes 2 $169,900 49 days
Reduced Price Homes 2 $119,850 21 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

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