Housing Prices in South Pekin, IL

How much do homes in South Pekin, IL cost?

Median List Price

$89,900

$85/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$19,950(+28.5%)

Key Takeaway

The list price of homes in South Pekin has increased by 28.5% since last year.

Summary: The median home list price in South Pekin was $89,900 in October 2024, up 28.5% from the previous year, and the median price per square foot was $85.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$32.4K
N/A
2 $67.4K$89.9K
+33.4%
3 $70K$125K
+78.6%
4 $65.4K$47.9K
-26.8%
5+ $109.9K-
N/A

Summary: South Pekin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.4%, 3 bedroom homes increased by 78.6%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

South Pekin
+28.5%
Cincinnati Township
+11.5%

Housing Supply in South Pekin, IL

How many homes are available in South Pekin, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
34+33.3%

Summary: The South Pekin real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The South Pekin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for South Pekin, IL

How long does it take to sell a home in South Pekin, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
33 Days36 Days+9.8%

Summary: Homes in South Pekin had an average listing age of 36 days in Oct 2024, up by 9.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in South Pekin, IL

Nearby Markets to South Pekin, IL

What housing markets are near South Pekin, IL?