Pekin, IL Housing Market
The Pekin housing market is very competitive. The median sale price of a home in Pekin was $105K last month, up 13.4% since last year. The median sale price per square foot in Pekin is $84, up 12.8% since last year.
Pekin Housing Market Trends
In March 2024, Pekin home prices were up 13.4% compared to last year, selling for a median price of $105K. On average, homes in Pekin sell after 26 days on the market compared to 23 days last year. There were 35 homes sold in March this year, down 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 17 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 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 22 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 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 2% below list price and go pending in around 17 days.
- Hot homescan sell for about 3% 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
- $265,000 Last Sold Price2 beds3 baths2,540 sq ft114 Ironwood Dr, Pekin, IL 61554List Price$265,000Sale to List0% over listDays on Market122 days114 Ironwood Dr, Pekin, IL 61554
- $94,000 Last Sold Price2 beds2 baths1,472 sq ft1306 Meyers Ct, Pekin, IL 61554List Price$89,900Sale to List5% over listDays on Market74 days1306 Meyers Ct, Pekin, IL 61554
- $79,250 Last Sold Price3 beds1 bath1,109 sq ft811 S 10th St, Pekin, IL 61554List Price$83,900Sale to List6% under listDays on Market47 days811 S 10th St, Pekin, IL 61554
- $150,000 Last Sold Price4 beds2 baths1,673 sq ft1107 S 18th St, Pekin, IL 61554List Price$149,000Sale to List1% over listDays on Market41 days1107 S 18th St, Pekin, IL 61554
- $132,500 Last Sold Price4 beds2 baths2,256 sq ft1011 ST Julian St, Pekin, IL 61554List Price$139,000Sale to List5% under listDays on Market31 days1011 ST Julian St, Pekin, IL 61554
- $36,500 Last Sold Price1 bed1 bath726 sq ft329 Park Ave, Pekin, IL 61554List Price$42,000Sale to List13% under listDays on Market44 days329 Park Ave, Pekin, IL 61554
- $335,000 Last Sold Price3 beds3.5 baths3,184 sq ft1425 California Rd, Pekin, IL 61554List Price$339,900Sale to List1% under listDays on Market210 days1425 California Rd, Pekin, IL 61554
- $69,000 Last Sold Price3 beds1 bath896 sq ft306 Mclean St, Pekin, IL 61554List Price$69,900Sale to List1% under listDays on Market72 days306 Mclean St, Pekin, IL 61554
See all recently sold homes in Pekin.
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Schools in Pekin
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Willow Elementary School Public • K-3 | 251 Students | 1 reviews |
5/10 Washington Intermediate School Public • 4-6 | 518 Students | N/A |
4/10 Scott Altman Primary School Public • K-3 | 193 Students | 1 reviews |
4/10 C B Smith Elementary School Public • K-3 | 288 Students | 3 reviews |
3/10 Wilson Intermediate School Public • 4-6 | 619 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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