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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

$224,818

AVERAGE PRICE OF 173 HOMES

$2,928,468

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$299,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$142,400

AVERAGE PRICE OF 2 HOMES WITH A POOL

$220,540

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $224,818
Avg Bedrooms 2.45 beds
Avg Bathrooms 1.67 baths

Average Price by Bedrooms

1 bedroom $141,900
2 bedrooms $86,488
3 bedrooms $125,135
4 bedrooms $246,744
5 bedrooms $540,905
Pekin Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 160 153 158 154 155
Average Price $226,532 $202,920 $165,146 $167,686 $159,129
Avg Price Change +11.64% +22.87% -1.54% +5.38% -0.99%
Median Price $105,483 $117,189 $114,307 $120,335 $109,917
Med Price Change -11.10% +2.52% -5.27% +9.48% +0.07%
Avg Bedrooms 2.03 beds 1.75 beds 1.98 beds 2.02 beds 2.14 beds
Avg Bathrooms 1.44 baths 1.2 baths 1.38 baths 1.56 baths 1.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 138 $127,329 221 days
Pekin High School 3 $265,466 56 days
Total Homes Average Price Avg Days on Site
All Homes 173 $224,818 155 days
Multi-Million Dollar Homes 5 $2,928,468 245 days
Newly Built Homes 1 $299,900 33 days
Homes with a Pool 2 $142,400 16 days
Reduced Price Homes 5 $220,540 69 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 June 14, 2025 1 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 June 14, 2025 1 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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