Pekin, IL Housing Market
The Pekin housing market is very competitive. The median sale price of a home in Pekin was $125K last month, up 4.2% since last year. The median sale price per square foot in Pekin is $78, down 6.6% since last year.
Pekin Housing Market Trends
In April 2024, Pekin home prices were up 4.2% compared to last year, selling for a median price of $125K. On average, homes in Pekin sell after 16 days on the market compared to 9 days last year. There were 45 homes sold in April this year, up from 44 last year.
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How hot is the Pekin housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 14 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 14 days.
- Hot homescan sell for about 4% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 17 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
Pekin Migration & Relocation Trends
Home offer insights for Pekin
Recent offers
View houses in Pekin that sold recently
Recently sold homes
- $112,000 Last Sold Price2 beds1 bath964 sq ft1414 S 7th St, Pekin, IL 61554List Price$109,900Sale to List2% over listDays on Market37 days1414 S 7th St, Pekin, IL 61554
- $38,500 Last Sold Price2 beds2 baths1,046 sq ft524 Caroline St, Pekin, IL 61554List Price$59,900Sale to List36% under listDays on Market48 days524 Caroline St, Pekin, IL 61554
- $170,000 Last Sold Price2 beds2 baths1,189 sq ft1702 Valle Vista Blvd, Pekin, IL 61554List Price$159,900Sale to List6% over listDays on Market35 days1702 Valle Vista Blvd, Pekin, IL 61554
- $59,900 Last Sold Price2 beds1 bath850 sq ft1114 Mechanic St, Pekin, IL 61554List Price$59,900Sale to List0% over listDays on Market43 days1114 Mechanic St, Pekin, IL 61554
- $97,500 Last Sold Price3 beds1.5 baths1,118 sq ft1610 Bellaire Ave, Pekin, IL 61554List Price$97,000Sale to List1% over listDays on Market59 days1610 Bellaire Ave, Pekin, IL 61554
- $85,000 Last Sold Price2 beds1 bath756 sq ft908 Margaret St, Pekin, IL 61554List Price$84,888Sale to List0% over listDays on Market36 days908 Margaret St, Pekin, IL 61554
- $170,000 Last Sold Price2 beds2.5 baths2,266 sq ft2404 Lakeshore Dr #21, Pekin, IL 61554List Price$174,900Sale to List3% under listDays on Market34 days2404 Lakeshore Dr #21, Pekin, IL 61554
- $214,000 Last Sold Price4 beds3 baths2,501 sq ft1619 Summit Dr, Pekin, IL 61554List Price$199,900Sale to List7% over listDays on Market64 days1619 Summit Dr, Pekin, IL 61554
See all recently sold homes in Pekin.
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Schools in Pekin
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Scott Altman Primary School Public • K-3 | 169 Students | 1 reviews |
5/10 Willow Elementary School Public • K-3 | 233 Students | 1 reviews |
5/10 Washington Intermediate School Public • 4-6 | 425 Students | N/A |
4/10 C B Smith Elementary School Public • K-3 | 244 Students | 3 reviews |
4/10 Jefferson Elementary School Public • K-3 | 338 Students | 4 reviews |
Climate's impact on Pekin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pekin.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Pekin
Walk Score®
Bike Score®
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