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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

$163,682

AVERAGE PRICE OF 144 HOMES

$1,154,340

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$519,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$198,200

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $163,682
Avg Bedrooms 1.69 beds
Avg Bathrooms .96 bath

Average Price by Bedrooms

1 bedroom $86,900
2 bedrooms $115,394
3 bedrooms $144,993
4 bedrooms $255,129
5 bedrooms $194,940
Pekin Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 155 163 173 174 180
Average Price $159,129 $160,698 $153,514 $163,629 $168,092
Avg Price Change -0.99% +4.68% -6.59% -2.73% -1.60%
Median Price $109,917 $109,843 $116,885 $118,320 $115,602
Med Price Change +0.07% -6.41% -1.23% +2.35% -0.23%
Avg Bedrooms 2.14 beds 2.54 beds 2.38 beds 2.45 beds 2.41 beds
Avg Bathrooms 1.72 baths 1.91 baths 1.72 baths 1.76 baths 1.69 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 125 $132,899 232 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 144 $163,682 250 days
Multi-Million Dollar Homes 1 $1,154,340 907 days
Newly Built Homes 1 $519,900 146 days
Reduced Price Homes 7 $198,200 41 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

Based on information submitted to the MLS GRID as of February 18, 2025 8 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
Based on information submitted to the MLS GRID by MRED as of February 18, 2025 8 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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