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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

$174,811

AVERAGE PRICE OF 127 HOMES

$674,999

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$396,340

AVERAGE PRICE OF 5 HOMES WITH A POOL

Average Home

Average Price $174,811
Avg Bedrooms 2.88 beds
Avg Bathrooms 1.93 baths

Average Price by Bedrooms

1 bedroom $54,325
2 bedrooms $95,857
3 bedrooms $178,642
4 bedrooms $139,461
5 bedrooms $572,675
Pekin Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings 116 112 120 n/a n/a
Average Price $188,669 $195,141 $204,986 n/a n/a
Avg Price Change -3.43% -5.05% n/a n/a n/a
Median Price $147,888 $149,028 $148,159 n/a n/a
Med Price Change -0.77% +0.59% n/a n/a n/a
Avg Bedrooms 3.14 beds 3.12 beds 2.83 beds n/a n/a
Avg Bathrooms 2.06 baths 2.38 baths 2.45 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 118 $170,219 48 days
Pekin Community High School 3 $75,800 38 days
Pekin High School 2 $66,950 41 days
Tremont 3 $292,966 23 days
Tremont High School 1 $875,000 180 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 127 $174,811 55 days
Newly Built Homes 1 $674,999 124 days
Homes with a Pool 5 $396,340 62 days
Based on information submitted to the MLS GRID as of October 15, 2026 12 PM. 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 October 15, 2026 12 PM. 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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