Pekin, IL 61554 Real Estate & Property Data

Pekin, IL 61554 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 890 residential properties have been sold over the past 12 months in 61554. With a median sales price of $112,500 in 61554 and a total of 15 foreclosures in Pekin, IL 61554. Discover market trends and get the granular level real estate data for Pekin, IL 61554 to keep your pulse on the housing market. Curate compelling home reports for Pekin, IL 61554 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Pekin, IL 61554 Real Estate Market Trends
Total Residential Properties 15,641
Total Commercial Properties 1,148
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 1,397
Total 2024 Residential Sales (year-to-date) 95
% of Homes Seriously Underwater (Q2 2024) 1.57%
Total 2023 Residential Sales 845
% of Equity Rich Homes (Q2 2024) 32.21%
Effective 2023 Property Tax 1.99%
Total Foreclosure Filings (year-to-date) 31
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Pekin, IL 61554 Real Estate Overview

There were 890 residential properties sold in the past year in Pekin, IL 61554. The median home value in Pekin, IL 61554 is $121,804. There are a total of 15,641 residential properties in the 61554.

Median Sales Price i
$112,500
(Feb 2024)
+2.7%
year-over-year
y-o-y
  • February '24 Feb '24 $112,500
  • January '24 Jan '24 $120,000
  • December '23 Dec '23 $135,000
  • November '23 Nov '23 $133,450
  • October '23 Oct '23 $129,500
  • September '23 Sep '23 $125,000
  • August '23 Aug '23 $129,000
  • July '23 Jul '23 $126,000
  • June '23 Jun '23 $122,450
  • May '23 May '23 $119,900
  • April '23 Apr '23 $125,500
  • March '23 Mar '23 $107,500
Median Down Payment i
$9,950
(Feb 2024)
+9.3%
year-over-year
y-o-y
  • February '24 Feb '24 $9,950
  • January '24 Jan '24 $9,000
  • December '23 Dec '23 $19,750
  • November '23 Nov '23 $7,600
  • October '23 Oct '23 $11,000
  • September '23 Sep '23 $10,000
  • August '23 Aug '23 $12,512
  • July '23 Jul '23 $10,500
  • June '23 Jun '23 $14,250
  • May '23 May '23 $10,000
  • April '23 Apr '23 $8,755
  • March '23 Mar '23 $9,450
Number of Homes Sold i
54
(Feb 2024)
-10%
year-over-year
y-o-y
  • February '24 Feb '24 54
  • January '24 Jan '24 41
  • December '23 Dec '23 59
  • November '23 Nov '23 56
  • October '23 Oct '23 77
  • September '23 Sep '23 77
  • August '23 Aug '23 84
  • July '23 Jul '23 80
  • June '23 Jun '23 93
  • May '23 May '23 74
  • April '23 Apr '23 59
  • March '23 Mar '23 76
Number of Purchase Loans i
28
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 31
  • December '23 Dec '23 38
  • November '23 Nov '23 41
  • October '23 Oct '23 55
  • September '23 Sep '23 55
  • August '23 Aug '23 61
  • July '23 Jul '23 62
  • June '23 Jun '23 61
  • May '23 May '23 55
  • April '23 Apr '23 45
  • March '23 Mar '23 51
Number of REFI Loans i
25
(Feb 2024)
+47.1%
year-over-year
y-o-y
  • February '24 Feb '24 25
  • January '24 Jan '24 21
  • December '23 Dec '23 24
  • November '23 Nov '23 19
  • October '23 Oct '23 31
  • September '23 Sep '23 26
  • August '23 Aug '23 28
  • July '23 Jul '23 40
  • June '23 Jun '23 15
  • May '23 May '23 23
  • April '23 Apr '23 26
  • March '23 Mar '23 21
Number of HELOC Loans i
13
(Feb 2024)
-23.5%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 11
  • December '23 Dec '23 12
  • November '23 Nov '23 16
  • October '23 Oct '23 15
  • September '23 Sep '23 17
  • August '23 Aug '23 23
  • July '23 Jul '23 17
  • June '23 Jun '23 17
  • May '23 May '23 15
  • April '23 Apr '23 11
  • March '23 Mar '23 16

Pekin, IL 61554 Foreclosure Activity

There were a total of 15 Pekin, IL 61554 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 8 Pekin, IL 61554 properties and repossessed 2 Pekin, IL 61554 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
15
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 16
  • December '23 Dec '23 11
  • November '23 Nov '23 12
  • October '23 Oct '23 12
  • September '23 Sep '23 9
  • August '23 Aug '23 9
  • July '23 Jul '23 11
  • June '23 Jun '23 14
  • May '23 May '23 19
  • April '23 Apr '23 15
  • March '23 Mar '23 14
Foreclosure Starts i
8
(Feb 2024)
+14.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 14
  • December '23 Dec '23 10
  • November '23 Nov '23 6
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 6
  • July '23 Jul '23 9
  • June '23 Jun '23 11
  • May '23 May '23 14
  • April '23 Apr '23 13
  • March '23 Mar '23 13
Completed Foreclosures (REOs) i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 7
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 5
  • September '23 Sep '23 1
  • August '23 Aug '23 9
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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