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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

$164,515

AVERAGE PRICE OF 150 HOMES

$1,187,170

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$325,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,220,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$259,933

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $164,515
Avg Bedrooms 1.39 beds
Avg Bathrooms .87 bath

Average Price by Bedrooms

1 bedroom $54,450
2 bedrooms $138,743
3 bedrooms $160,719
4 bedrooms $231,693
5 bedrooms $480,760
Pekin Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 168 166 165 163 153
Average Price $180,922 $179,190 $173,617 $172,236 $172,246
Avg Price Change +0.97% +3.21% +0.80% -0.01% -5.12%
Median Price $91,933 $91,401 $95,212 $94,303 $92,174
Med Price Change +0.58% -4.17% +0.96% +2.31% -9.30%
Avg Bedrooms 1.72 beds 1.95 beds 2.02 beds 2.14 beds 2.15 beds
Avg Bathrooms .94 bath .93 bath 1.09 baths 1.12 baths 1.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 121 $125,467 163 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 150 $164,515 195 days
Multi-Million Dollar Homes 2 $1,187,170 428 days
Newly Built Homes 2 $325,000 47 days
Homes with a Pool 1 $1,220,000 222 days
Reduced Price Homes 3 $259,933 19 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Pat Selinger-The Real Estate Group, Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Copyright © 2024 Midwest Real Estate Data LLC Information deemed reliable but not guaranteed. Properties marked with the MRED icon are provided courtesy of Midwest Real Estate Data, LLC. Broker Reciprocity. Use of this site constitutes agreement to the terms and conditions. DMCA Notice
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