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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

$167,435

AVERAGE PRICE OF 177 HOMES

$1,187,170

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$325,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$355,385

AVERAGE PRICE OF 7 HOMES WITH A POOL

$166,433

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $167,435
Avg Bedrooms 1.71 beds
Avg Bathrooms 1.03 baths

Average Price by Bedrooms

1 bedroom $44,900
2 bedrooms $123,445
3 bedrooms $191,848
4 bedrooms $207,780
5 bedrooms $381,600
Pekin Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 180 173 170 160 168
Average Price $170,789 $185,876 $184,044 $184,294 $180,922
Avg Price Change -8.83% +1.00% -0.14% +1.86% +0.97%
Median Price $115,865 $108,810 $103,389 $94,016 $91,933
Med Price Change +6.48% +5.24% +9.97% +2.27% +0.58%
Avg Bedrooms 2.01 beds 1.81 beds 1.81 beds 1.66 beds 1.72 beds
Avg Bathrooms 1.42 baths 1.11 baths 1.01 baths 1.05 baths .94 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 150 $138,824 167 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 177 $167,435 203 days
Multi-Million Dollar Homes 2 $1,187,170 541 days
Newly Built Homes 1 $325,000 160 days
Homes with a Pool 7 $355,385 67 days
Reduced Price Homes 6 $166,433 113 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

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