$1,186 Closing Credit*
$99,900
960 SqFt
2 Beds
•1 Full Bath
Amy McClanahan, Listing Office: Coldwell Banker Real Estate Gr
Is North Pekin, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Pekin has remained a Seller's Market.
Key Takeaway
North Pekin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Pekin, IL
How much do homes in North Pekin, IL cost?
Median Sold Price
$104,500
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,500(+10.0%)
Key Takeaway
Homes in North Pekin have sold for 10% more than they did a year ago.
Summary: The median home sold price in North Pekin was $104,500 in November 2024, up 10% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30.7K | - | N/A |
| 2 Bedrooms | $71.1K | $86.5K | +21.7% |
| 3 Bedrooms | $102.2K | $129.9K | +27.0% |
| 4 Bedrooms | $154K | $101K | -34.4% |
| 5+ Bedrooms | - | $102.4K | N/A |
Summary: North Pekin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 27%, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Creve Coeur | $85K | $103.7K | +22.0% |
| North Pekin | $95K | $104.5K | +10.0% |
| Pekin Township | $118.4K | $127.1K | +7.3% |
| Pekin | $121.7K | $125.6K | +3.3% |
Housing Supply in North Pekin, IL
How many homes are available in North Pekin, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The North Pekin real estate market had 5 homes for sale in November 2024, a 66.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Pekin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Pekin, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in North Pekin in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Pekin, IL
How long does it take to sell a home in North Pekin, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 1 Day | -92.7% |
Summary: Homes in North Pekin had an average of 1 days on market in Nov 2024, down by 92.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Pekin are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in North Pekin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.