Housing Prices in South Pekin, IL

How much do homes in South Pekin, IL cost?

Median List Price

$92,400

$84/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$22,400(+32.0%)

Key Takeaway

The list price of homes in South Pekin has increased by 32% since last year.

Summary: The median home list price in South Pekin was $92,400 in November 2024, up 32% from the previous year, and the median price per square foot was $84.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$32.4K
N/A
2 $67.4K$89.9K
+33.4%
3 $79.9K$125K
+56.3%
4 $65.4K$38.9K
-40.4%
5+ $109.9K$139.9K
+27.3%

Summary: South 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 33.4%, 3 bedroom homes increased by 56.3%, 4 bedroom homes decreased by 40.4%, and 5+ bedroom homes increased by 27.3%.

Median List Price Compared To Nearby Cities

South Pekin
+32.0%
Cincinnati Township
+13.8%

Housing Supply in South Pekin, IL

How many homes are available in South Pekin, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
42-50.0%

Summary: The South Pekin real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 10
-100.0%
3 10
-100.0%
4 01
+100.0%
5+ 01
+100.0%

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

Days on Market for South Pekin, IL

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

Average Listing Age

Nov 2023Nov 2024CHANGE
48 Days20 Days-57.3%

Summary: Homes in South Pekin had an average listing age of 20 days in Nov 2024, down by 57.3% 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?