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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

$212,408

AVERAGE PRICE OF 192 HOMES

$3,684,447

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$564,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$224,100

AVERAGE PRICE OF 6 HOMES WITH A POOL

$389,925

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

$155,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $212,408
Avg Bedrooms 2.35 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $125,980
2 bedrooms $98,960
3 bedrooms $160,498
4 bedrooms $243,237
5 bedrooms $641,587
Pekin Home Price Trends
  12/2025 11/2025 10/2025 9/2025 8/2025
Total Listings 201 205 206 202 183
Average Price $206,206 $211,249 $208,116 $205,627 $214,562
Avg Price Change -2.45% +1.51% +1.21% -4.35% -4.51%
Median Price $119,681 $130,514 $123,932 $120,746 $115,362
Med Price Change -9.05% +5.31% +2.64% +4.67% -1.60%
Avg Bedrooms 2.03 beds 2.35 beds 2.37 beds 2.36 beds 2.18 beds
Avg Bathrooms 1.66 baths 1.69 baths 1.68 baths 1.65 baths 1.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 156 $134,078 269 days
Pekin High School 2 $180,000 108 days
Total Homes Average Price Avg Days on Site
All Homes 192 $212,408 243 days
Multi-Million Dollar Homes 3 $3,684,447 596 days
Newly Built Homes 1 $564,900 45 days
Homes with a Pool 6 $224,100 62 days
Reduced Price Homes 4 $389,925 101 days
Distressed Homes 1 $155,000 181 days
Based on information submitted to the MLS GRID as of January 18, 2026 3 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 January 18, 2026 3 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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