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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

$177,439

AVERAGE PRICE OF 164 HOMES

$1,731,335

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$329,900

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$726,600

AVERAGE PRICE OF 3 HOMES WITH A POOL

$119,945

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

$34,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $177,439
Avg Bedrooms 2.01 beds
Avg Bathrooms 1.05 baths

Average Price by Bedrooms

1 bedroom $46,000
2 bedrooms $125,013
3 bedrooms $119,224
4 bedrooms $155,100
5 bedrooms $343,500
Pekin Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 163 153 159 147 145
Average Price $172,236 $172,246 $181,058 $203,058 $205,795
Avg Price Change -0.01% -5.12% -12.15% -1.35% +1.87%
Median Price $94,303 $92,174 $100,747 $123,387 $129,034
Med Price Change +2.31% -9.30% -22.47% -4.58% +3.45%
Avg Bedrooms 2.14 beds 2.15 beds 2.2 beds 2.2 beds 2.15 beds
Avg Bathrooms 1.12 baths 1.19 baths 1.26 baths 1.39 baths 1.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 126 $120,981 140 days
Pekin High School 1 $34,900 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 164 $177,439 211 days
Multi-Million Dollar Homes 4 $1,731,335 533 days
Newly Built Homes 2 $329,900 157 days
Homes with a Pool 3 $726,600 74 days
Reduced Price Homes 2 $119,945 38 days
Distressed Homes 1 $34,900 117 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

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