Pekin, IL
Housing market overview · Updated weekly
$110,000median sale price
Homes sold
37
Last 12 weeks
Days on market
46
Average pace
Active listings
37
1.0 months supply
Sale-to-list
95.8%
Below asking
The Pekin housing market is currently classified as a seller's market with a median sale price of $110,000. Prices have fallen 8.3% compared to last year, with homes spending an average of 46 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Pekin
There are currently 37 homes listed for sale in Pekin, Illinois. The median listing price is $127K.
Active listings
37
Homes on market
Median list price
$127K
Avg. days on market
46
Days until sale
New this week
36
Newly listed
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Frequently asked questions
What is the average home price in Pekin?
The median home sale price in Pekin is $110,000, down 8.3% from last year.
How long do homes stay on market in Pekin?
Homes typically spend 46 days on market before going under contract.
Is Pekin a buyer's or seller's market?
With 1.0 months of supply, Pekin is currently a seller's market.
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